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24 Aug 2021

Your daily dose of business, finance and investment news with Simon Brown. Live from 6:30am

Anchor Capita's Deryck Janse van Rensburg takes a look at the Shoprite and M&R updates. Adrian Saville of Genera Capital on the upcoming Jackson Hole conference. What is it and why does it matter? Livestream at 6:30am

TOP STORIES

Shoprite’s share price tops 52-week high, as SA operations shine

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Group flags strong local sales growth and is set to expand further with the planned acquisition of Massmart’s lower end food units.

SA sees escalation in funeral insurance fraud

Palesa Mofokeng OPEN IN APP

More than 2 000 claims to the value of more than R80m found to be dishonest in 2020.

Calls for further extension to driving licence validity period intensify

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AA and Outa urge government not to force motorists to defy the law.

READER QUESTION

My ex-employer requested a pension payout without my consent. Can I recoup the tax paid?

Gareth Collier OPEN IN APP

If the correct procedure was not followed by your employer, you may be able to bring a case to the ombud to seek compensation.

Brought to you by 12 Star Capital

Acquire the right to live in Europe via Portugal’s Golden Visa

Amanda Visser

Stuart Ferguson from 12 Star Capital discusses this facility, the processes involved, possible tax savings – and impending regulatory changes.

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USDZAR	15.16 24 Aug, 5:29	0.14 %
EURZAR	17.77 24 Aug, 5:28	-0.07 %
GBPZAR	20.77 24 Aug, 5:28	-0.06 %
BTCUSD	49,240.00 24 Aug, 5:29	-0.55 %

Current Value	Move %
JSE ALSI	66,829 24 Aug 00:00	1.24 %
S&P500	4,479.53 23 Aug, 0:00	0.85 %
Dow Jones	35,335.71 23 Aug, 0:00	0.61 %
BRENT	68.43 24 Aug, 5:19	-0.36 %