Update on coronavirus (COVID-19)

As coronavirus (COVID-19) continues to spread worldwide, with more than 100 countries impacted, in excess of 110 000 reported cases, and South Africa now having reported a number of confirmed cases of coronavirus, it is important to note the following key points from the World Health Organisation (WHO): “We need to remember that with decisive, early action, we can slow down the virus and prevent infections. Among those who are…

Coronavirus – so why the fuss?

The coronavirus is highly infectious, and whilst a lot less lethal than SARS, it is more deadly than the common flu. That, and the speed at which it has spread,has got people very worried. In addition, it has been significantly hyped by the media, as is often the case. Fortunately, whilst not pleasant, getting sick with the virus is manageable, and the good news is that 99% of people will…

Coronavirus (COVID-19) Covered by Momentum

Following the outbreak of the Coronavirus (COVID-19) in South Africa, we understand that people are concerned. During times like these, the last thing a person needs is to worry about whether one is covered. Momentum reaffirms that our clients are covered, protected and supported – aligned to the specific medical scheme and life insurance products they selected. Peace of mind with Momentum Life Insurance We reassure our clients that there…

February 2020: Economies at a glance

United States:There are signs of the economy tracking in a late cycle phase, with 2020 growth likely to print below trend. Previous monetary easing and only a limited fallout from the virus outbreak should prevent a hard landing. While services and consumer spending have remained resilient, rising wage growth has curbed corporate profitability. A pullback in hiring in 2020 and a rolling over in wage growth could soften consumption. In…