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Choosing between life and living annuities: what South Africans need to know

With the rising cost of living and volatile market conditions putting pressure on retirement income, choosing the right annuity has become one of the most consequential financial decisions facing South Africans today.South Africans approaching retirement face one of the most important financial decisions of their lives: choosing an annuity to provide a pension. Financial advisers…
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GEMS unveils 2026 Roadmap and announces 9.8% contribution increase

The Government Employees Medical Scheme (GEMS), South Africa’s largest restricted medical scheme, has unveiled its Roadmap for 2026, outlining a strategic plan to strengthen long-term sustainability, enhance member benefits and improve efficiency across the healthcare value chain.As part of the announcement, GEMS has confirmed an average 9.8% contribution adjustment across…
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Operation Vulindlela unlocks R500bn in private investment but SA needs a trillion more, says Presidency

South Africa’s flagship reform programme, Operation Vulindlela, has helped unlock about R500 billion in private-sector investment, largely driven by new electricity generation projects and reforms in telecommunications, including the long-awaited auction of 4G and 5G spectrum, which has opened the door to cheaper communication.But this progress, while significant, is still…
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