Gerhard Swart Advisor

What makes up your retirement plan, and do you know what income you will need, to maintain your lifestyle when you retire if you keep inflation in mind?

Proud to announce my new career as an independent broker in life risk cover and investments.�Partnering with multiple product providers in South Africa means I can focus on what truly matters—finding the right solutions for each client, not just one brand.�Here’s to protecting futures and growing wealth, one conversation at a time.

SOUTH AFRICA BUDGET SPEECH 2026 – QUICK SUMMARY
📈 Economic Outlook
• Economy expected to grow 1.6% in 2026.
• Inflation expected around 3.4%. [treasury.gov.za] [groundup.org.za]
💰 Taxes & Revenue
• Planned R20bn tax increase scrapped.
• Tax brackets & rebates adjusted for inflation (offers relief).
• Excise increases on alcohol, to***co & fuel (inflation linked).
• VAT threshold raised to R2.3m for small businesses. [groundup.org.za] [treasury.gov.za]
💼 Savings & Investments
• Tax free savings limit: R46,000/year (corrected figure).
• Retirement deduction limit: increased to R430,000. [groundup.org.za]
📉 Public Finances
• SA debt will stabilise for the first time in 17 years.
• Borrowing requirement drops to R380bn (from R563bn in 2025).
• SA removed from FATF grey list + first credit rating upgrade in 16 years. [gov.za] [groundup.org.za]
🏥 Social Spending
• 60% of budget goes to education, healthcare & social grants.
• R26bn allocated to HIV/AIDS programmes. [groundup.org.za]

The Full Article below for further reading: https://www.moneyweb.co.za/in-depth/budget/budget-in-a-minute/

Good money habits and the right advice can lead to success! More money does not equal more Wealth. It's what you do with the money and the plans set in motion to continue growing that money that leads to more Wealth.

When Luck Runs Out: Why Lotto Millions Rarely Become Lasting Wealth in South Africa With young adults now Gambling and many putting all hope on winning the Lotto. Sudden cash windfalls often amplify poor money habits.

Today 27 January we pay tribute to the brave men and women of the Police Service who serve, protect, and uphold the safety of our communities. Your commitment makes it possible for families, businesses, and livelihoods to thrive.

With the new Conduct of Financial Institutions (COFI) bill. Many fear it in the industry other welcome it.

For me it opens the door to better consumer protection and confidence in an industry where many South African’s need some advice, education in many instances and guidance through a mine field of options and regulations.

I know this industry requires constant learning and keeping up with markets, regulations and laws passed then there is also tax in business and personal lines.

I am here to tell you that I will be your light house to guide that ship to its destination and you to success.

Get in touch via my Website:

https://www.sanlamadvice.co.za/adviser/gerhard-swart?utm_campaign=depemailcomms0