South Africa Financial News

Boeing a plea deal that will allow it to avoid a trial related to two deadly 737 MAX crashes, a lawyer for the victims' families said Sunday, expressing outrage.

How many teams train for low-probability events? It can make a big difference, as both of India’s T20 World Cup cricket triumphs demonstrate. In 2007, when India beat Pakistan in the final match, we had a psychological edge going into it for having beaten the latter in a league match by means of a spectacular but unprecedented tie-breaker called a bowl-out. In this rarest of rare cases, both were tied at 141 runs in 20 overs.

US Supreme Court is expected to rule Monday on the most highly anticipated decision of its term — a ruling «for the ages» on whether Donald Trump, as a former president, is immune from prosecution.

BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in an expansion by the world's biggest asset management company into the private markets data segment.

Mahayuti coalition government in Maharashtra marks the anniversary of the completion of two years, Maharashtra Chief Minister Eknath Shinde said on Sunday that in the last two years, the Mahayuti government has done a lot of work, whether it is about roads or metros.

financial planning that helps in achieving goals through active management and informed decision-making.

Biden's train-wreck debate with Republican opponent Donald Trump followed a series of decisions by his most senior advisers that critics now point to as wrong-headed, interviews with Democratic allies, donors and former and current aides show.

North Korea test-fired two ballistic missile Monday, South Korea's military said, a day after the North vowed «offensive and overwhelming» responses to a new US military drill with South Korea and Japan. The Joint Chiefs of Staff said the missiles were launched 10 minutes apart in a northeastern direction from the town of Jangyon in southeastern North Korea.

new criminal laws come into effect today, posters about them have been put up in various police stations to create awareness among the people.

developer of dubious reputation, the former residents are regretting their decision. Mismanagement by the developer has brought the entire project to a standstill. Danish Patel, a 58-year-old resident, laments, “The developer went out of his way to pitch for our society’s redevelopment when others were showing limited interest. However, he abandoned the project midway when it became unviable for him due to his own mismanagement.”

health insurance, both deductible and co-payment refer to the share of money you pay from your pocket before the policy comes into effect, but these differ in terms of execution. Both make for financially useful tools as these help reduce the premium, but remember that it is beneficial only as long as you don’t make a claim since you end up increasing your out-of-pocket expenses while paying the bill.

Mutual fund investors have been jolted by the news that Quant Mutual Fund is under investigation by the Securities and Exchange Board of India (Sebi). The regulatory body has observed trading patterns that suggest front-running by someone associated with the fund. The Asset Management Company (AMC) has issued a pro forma statement, confirming the news and promising full cooperation with the probe.

education has petered off a little in the light of job shortages, visa issues and higher living expenses abroad, many a parent is continuing to save for this goal without considering either the financial feasibility or practical problems of living and finding employment in these destinations. If you, too, are looking at this option, it is important to check if this goal is worth the effort you may be putting into it. Since this decision has the potential to wreak havoc with your finances and create uncertainty for your child, it’s best to consider the following factors before you proceed.

investment?

grievance redressal of insurance policyholders. Here’s a step-by-step process to register an insurance-related grievance on the portal.

developers, housing societies are increasingly turning to self-redevelopment. This involves residents hiring a contractor and project management consultant, excluding builders. Selfredevelopment offers clear advantages: any surplus from selling additional inventory stays within the society and is distributed among members. “The major advantage is that society members reap the benefits of the property’s potential rather than the builder,” says Anuj Puri, Chairman of ANAROCK Group. By securing additional FSI directly, the society gains up to 25-30% more carpet area, compared to the typical 10-15% offered by builders. Moreover, the society controls every aspect of redevelopment. “Societies have more say in design, amenities and construction quality,” points out Swapnil Anil, Executive Director & Head, Advisory Services, Colliers India. They can also choose new members for the free-sale area.

mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

Mumbai-based business analyst Sweta Chandra earns well, but also pays a high tax because her salary structure is not very tax-friendly, she doesn’t avail of all the deductions available to her, and invests in tax-inefficient options. TaxSpanner estimates that Chandra can save more than Rs.91,000 in tax if the taxable allowances in her salary are replaced with tax-free emoluments and her employer offers her the NPS benefit. She also needs to invest in the pension scheme on her own.

venture capital funds, given the boom in the market.