February 2023

Financial News 27th February 2023

Market OverviewThe FTSE/JSE All Share closed last week at 76 937.77, decreasing by -2.94%. The health care and consumer staple sectors were the best performing increasing by 2.10% and 1.77% respectively. The basic material and technology sectors were the biggest detractors, decreasing by 7.72% and 5.93% respectively. Looking at the MSCI indices, developed markets decreased by […]

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Hansmeyer Associates Budget 2023

SA National Budget 2023

We would like to extend out thanks to Allan Gray for providing the content for this summary of the South African National Budget presented to Parliament yesterday, 22nd February 2023. Key Changes Relief for individual taxpayersThe personal income tax brackets and annual tax rebates will be adjusted by 4.9% in line with expected inflation. Like

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Financial News 20th February 2023

Market OverviewThe FTSE/JSE All Share closed last week at 79 271.78, increasing by 0.36%. The consumer discretionary and healthcare sectors were the best performing increasing by 3.53% and 2.66% respectively. The oil & gas and basic materials sectors were the biggest detractors, decreasing by 2.98% and 1.99% respectively. Looking at the MSCI indices, developed markets decreased by -0.08% during

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Discovery Insure Vehicle Warranty

To all our Valued Discovery Insure Clients RE:  VEHICLE WARRANTY COVER Attached hereto please see a notification from Discovery regarding Vehicle Warranty cover that can be added to your vehicle cover on Discovery policies. This cover is designed to start once your car’s manufacturer warranty has expired or is about to expire. The normal 3

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Financial News 13th February 2023

Market OverviewThe FTSE/JSE All Share closed last week at 78 985.35, decreasing by 1.56%. The technology and consumer discretionary sectors were the best performing increasing by 1.18% and 0.42% respectively. The oil & gas and basic materials sectors were the biggest detractors, decreasing by 5.88% and 3.63% respectively. Looking at the MSCI indices, developed markets

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