Prescribed Assets
Prescribed assets have been on the government’s agenda since it appeared on their election manifesto in 2019.
Prescribed assets have been on the government’s agenda since it appeared on their election manifesto in 2019.
The interest rate on cash reduced by 44% during the past year. This has had a significant impact on investors seeking stable interest income.
In the current economic times, we are all facing uncertainties. But we believe that now more than ever, it is important for you to consider the risks associated with everyday living.
The arrival of COVID-19 has changed the world, possibly forever. Eventually the pandemic will dissipate, and life will gradually return to normal.
The SARB reduced the repo rate, or repurchase rate, by an unprecedented 275 basis points (bpts), or nearly three full percentage points, since the beginning of the year to 3.75%; a record low. And further cuts may be possible!