Afsafin

10/03/2026

This could mean major instability in economic markets: BlackRock just capped withdrawals on its $26 billion private credit fund at 5%, even though investors asked to pull out nearly double that. Simply put, they requested $1.2 billion back, and only $620 million is being allowed out the door. This is the first time this has happened and it's important to recognize this.

Blackstone's similar fund is facing the same pressure, with record withdrawal requests of 7.9%, forcing the firm to inject $400 million of its own money just to meet redemptions.

This points to an underlying issue that is structural. Private credit funds tie investor money up in loans and assets that can't be quickly sold. When enough people want out at the same time, the math stops working. The fund can't liquidate fast enough to honor the requests, so it limits them instead.

When funds start locking the exits, it's usually because what's behind the door is not pretty. If Iran seeks to fight back in this war via economic infrastructure, this could mean major instability.

08/03/2026

https://iol.co.za/personal-finance/financial-planning/2026-03-05-fsca-warns-south-africans-about-equity-edge/

The FSCA has issued a critical warning against Equity Edge, highlighting the dangers of unlicensed investment offers and the rise of financial scams in South Africa. Learn how to protect yourself and verify the legitimacy of financial service providers.

10/01/2026

https://www.moneyweb.co.za/financial-advisor-views/why-pay-for-financial-advice/

How tailored advice can more than double your advisor's fee.

01/07/2025

https://businesstech.co.za/news/finance/829962/sars-announces-2025-tax-change-for-south-african-expats/

SARS is tightening the screws on expats, with new declarations and screening systems that could trigger audits and penalties.

06/06/2025

https://businesstech.co.za/news/business/826656/prominent-company-offering-free-medical-aid-to-these-professionals-in-south-africa/

One of South Africa’s largest restricted medical aid schemes is offering free medical aid to professionals in South Africa.

25/05/2025

https://ewit.co.in/south-africas-retirement-age-confirmed-new-rules-overhauled-by-may-30/

In a landmark decision that could reshape the future of work and retirement planning in the country, the South African government has officially confirmed the

13/01/2025

27/11/2024

The CIPC is preparing to de-register 500,000 companies for failing to meet compliance requirements, aiming to enhance the accuracy of the companies register and combat criminal activities

16/10/2024

https://dailyinvestor.com/south-africa/66187/south-africa-has-28-million-people-on-grants-but-only-7-4-million-taxpayers/

South Africa’s latest data shows that the country has 28 million grant recipients but only 7.4 million individuals who pay income tax.

02/09/2024

Independent financial planners are often seen as more trustworthy due to the lack of commission-based incentives, but they face challenges such as regulatory costs and competition from corporate financial planning firms.

02/09/2024

Are independent financial planners facing extinction?

Independent financial planners are often seen as more trustworthy due to the lack of commission-based incentives, but they face challenges such as regulatory costs and competition from corporate financial planning firms.

02/06/2024

https://dailyinvestor.com/investing/52589/warning-over-ancs-plan-to-use-pension-fund-money/

The revival of an Apartheid-era rule forcing asset managers to invest in government-approved assets will crush investor returns.