Press Releases

  • Putting members back in control of their healthcare – and finances

    Lack of flexibility regarding their unique healthcare needs is listed as the single biggest concern of medical scheme members. Jeremy Yatt, Principal Officer of Fedhealth Medical Scheme, explains that while medical schemes are generally limited by legislation from personalising benefits in a way the market would ideally prefer, over the last six months Fedhealth has carried out extensive research among

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  • A medical aid revolution is coming

    The findings and recommendations highlighted in the provisional report issued by the Health Market Inquiry (HMI) underline the urgent need to change the way medical scheme options are designed says Jeremy Yatt, Principal Officer of Fedhealth Medical Scheme. “Although there is very little room to manoeuvre due to legislative constraints,  medical schemes should find ways to empower members by addressing

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  • Selecting the Correct Benchmark for South African Equity – adequate diversification paramount for prudent investors

    Retirement fund trustees often ask us how it is possible for every investment manager pitching for business to claim to be the top performing manager or that they have consistently outperformed their benchmark for all reporting periods over the past 10 years. Ensimini Financial Services CEO, Jaco Pretorius, says the answer to this lies in understanding what and against whom

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  • 700 young minds unite at Tirrogae-Ekurhuleni Book Festival

    On the morning of 8 September, almost 700 of Ekurhuleni’s young minds from both primary and high schools (Grades 3 to 8) joined together at the first-ever Tirrogae-Ekurhuleni Book and Storytelling Festival at the UNISA Daveyton Campus. The morning was filled with interactive reading, storytelling and arts. The event, arranged by Tirogae Interactive Educational Projects and African Bank in partnership with

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  • There’s no escaping death and taxes – be prepared

    Benjamin Franklin couldn’t have been more accurate when he said, “In this world nothing can be said to be certain, except death and taxes.” So why do we find it so difficult to plan properly for something that is inevitable? We are all going to die, so why not be prepared? “It’s one of those situations where people feel it

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  • Help I’m saving but am I saving above inflation?

    For many cash strapped South Africans who are just managing to save, the big question is still – am I saving enough? Mellony Ramalho, African Bank’s Group Executive: Sales, Branch Network, says it is very important to save above inflation to avoid diluting the value of your money over time. American President Ronald Reagan was once quoted as saying, “Inflation

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  • Saving and Investing – know the difference

    According to author T Eker of Secrets of the Millionaire Mind, “Poor people see a dollar as a dollar to trade for something they want right now. Rich people see every dollar as a ‘seed’ that can be planted to earn a hundred more dollars … then replanted to earn a thousand more dollars.” So, does the average South African

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  • Putting some spring into your financial plans

    This September why not take a fresh look at your financial wellness and add a little spring into your planning. “Investing is not just for the rich. Nor do you need large amounts to start investing. What you do need is to understand some basic concepts and principles relating to investing,” says Mellony Ramalho, African Bank’s Group Executive: Sales, Branch

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  • Public speaks out about proposed Automotive Code

    Twenty-four private comments were submitted in response to the first draft of the Code of Conduct for the automotive industry. “There were several interesting ideas and issues raised in these comments, many of which support the fundamentals of the Right to Repair (R2R) Campaign,” says Gunther Schmitz, Acting Chairman for Right to Repair SA. Pricing dominated many of the comments

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  • Original parts come only from manufacturers – not so, says Right to Repair

    For years consumers have been led to believe that original car parts can only be obtained from Original Equipment Manufacturers (OEMs), that they are superior parts, and independent workshops deal in inferior, or commonly referred to as pirate parts. This is not the case, says Gunther Schmitz, Acting Chairman of Right to Repair SA (R2RSA). “Probably 99% of the parts

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  • Breaking four-wheel barriers

    JEÁNNE ESTERHUIZEN – PRESIDENT OF RMI Born in Barkley East, Jeánne Esterhuizen has always had a passion and love for beautiful cars and bikes. She and her business partner opened Technicolour in 1994 as a small micro enterprise. In the space of just 15 years it has grown into a large company and is currently rated as the best overall

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  • Unhappy with your car repairs? You have options

    You want to know that when you hand your car over for costly repairs that they will be done properly. But what if they aren’t? Jakkie Olivier, CEO for the Retail Motor Industry Organisation (RMI), says there is recourse for inefficient servicing of vehicles, if, of course, you have used the right service provider. “It’s so important for vehicle owners

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