EXPLODING MYTHS, GIVING DIRECTION

President Ramaphosa’s second State of the Nation address (SONA) last week exploded several myths and shone some light on his approach to government. MYTHS EXPLODED The first myth was that government will not tackle anything substantial before the election. In the teeth of open opposition from trade unions – of which one, the National Union…

SA’s top performing multi-asset income funds, outperforming the money market.

Outperforming the money market. Patrick Cairns  /  Moneyweb Many multi-asset funds have shown the ability to deliver returns consistently higher than bank deposits – and they offer access to your money within a matter of days. Picture: Shutterstock Money market accounts at South Africa’s major banks are currently paying interest at around 6.5%. That’s only 2%…