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Market Movements 19.09.22

Market Movements 19.09.22

The JSE saw a rather flat trade session on Friday and closed in the red as it tracked global peers lower. The All Share Index (-0.58%) and the Top 40 Index (-0.64%) fell to 66 584 points and 60 014 points respectively, by the closing bell. Industrials (-2.27%) were...

Trust to trust: The trust as taxpayer

Trust to trust: The trust as taxpayer

Some estate planners and trustees are not aware that a trust is regarded as a separate taxpayer, who has to register as such, and who has to submit relevant tax returns. Trust income was always taxed in the hands of the trust unless it vested in the hands of the...

Master’s Office ‘all clear’ by year-end – Minister

Master’s Office ‘all clear’ by year-end – Minister

Justice & Correctional Services Minister Ronald Lamola is confident the backlog in the Master’s Office – which accumulated during the Covid-19 pandemic and as a result of a September 2021 cyberattack – will be cleared by the end of December.   According to a...

Market Movements 06.05.22

Market Movements 06.05.22

The JSE closed lower yesterday, in line with global peers, as investors digested US Fed and Bank of England (BoE) monetary policy decisions.

MONDAY MAYHEM WIPES 3.5% OFF JSE

MONDAY MAYHEM WIPES 3.5% OFF JSE

Stock markets and oil prices slumped yesterday on growing concern that lockdowns in China aimed at fighting a worsening Covid outbreak could further harm a world economy battling decades-high inflation. The JSE's All-Share Index dropped 3.5% yesterday, with Anglo...

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