This week, MoneywebNOW delved the new era for SA's pension funds, SA's agri sector and more.
The two-pot retirement system has been signed into law by the President and goes into effect on 1 September this year. I spoke with Caroline Naylor-Renn from 10X Investments about how it will work. We also spoke about the importance of only drawing from your savings portion in the event of a true emergency, not for a fancy holiday.The agriculture sector in South Africa is hugely important yet has even more potential.
It was stalled due to chronic load shedding and various disease outbreaks, but it remains important and could benefit our country in many ways if executed.Nvidia’s stock price continues to soar, becoming increasingly expensive. In a conversation with Alec Cutler from Orbis Investments, we discussed potential alternatives. For instance, D-RAM, a crucial component in Nvidia chips, is produced by companies that are valued much lower than the chip manufacturers themselves.
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