Blog

“The cold, harsh reality is that we have to balance the budget.” (Michael Bloomberg, former New York City Mayor) Budget shortfalls are not uncommon across the public and private sectors, especially in these economically challenging times. A budget shortfall is a significant concern for any individual or organisation and should be corrected promptly. To address the R15 billion shortfall in National Budget 2024, the South African government earlier this year…  Read more

“Our bigger challenge… is that our pie is not growing fast enough and this limits our ability to generate sufficient revenues to distribute among our priority areas.” (Finance Minister Enoch Godongwana – Budget 2024) Finance Minister Enoch Godongwana’s third Budget Speech in an election year contained few surprises, but also little in the form of good news, especially for South Africa’s personal income tax payers. The Minister quoted dismal local…  Read more

“Never take your eyes off the cash flow because it’s the lifeblood of business” (Sir Richard Branson, entrepreneur, investor, and author) Cash is king, said one anonymous business genius. At the end of the day, it’s having money in the bank that keeps a company running smoothly. According to a recent study by Sibongiseni Selby Myeni at the Walden University, the majority of SA’s small to medium enterprises are destined for…  Read more

Achieving Peace of Mind Through Financial Planning   In today’s fast-paced world, finding peace of mind in your financial planning might seem like an elusive goal. However, it’s not as impossible as it may appear.   Studies reveal that clients seek several key qualities in their financial advisor.   They want a partner who provides a broad spectrum of reliable investment options, offers proactive and client-focused advice, and is genuinely…  Read more

Money Management Mastery: A Roadmap to Financial Success   Are you ready to take control of your financial destiny? It all starts with effective money management. In this week’s blog, we’re diving deep into the world of Money Management Mastery. Let’s explore key strategies, practical tips, and debunk common myths to pave your way to financial success. Introduction   Money management isn’t just about budgeting; it’s a holistic approach to…  Read more

Achieving financial confidence is a journey, and we’re here to guide you every step of the way.   At KCE Estate Planning and Wealth Management Solutions, our financial solutions are designed to empower you with the knowledge and strategies needed to reach your financial goals. In this blog post, we’ll take you through the step-by-step process that clients can expect when they engage with our services.   Step 1: Understanding…  Read more

When it comes to financial planning, one aspect that’s often overlooked but holds immense significance is legacy planning. Legacy planning goes beyond the present, focusing on how you can create a lasting financial legacy for your loved ones. It’s about ensuring that your wealth and assets are protected, preserved, and passed on to future generations according to your wishes.   Understanding the Importance of Legacy Planning   Preserving Wealth: One…  Read more

In the world of  estate planning and wealth management, achieving financial success isn’t a solitary endeavor. It’s a journey that often involves navigating a complex landscape of investments, taxes, estate planning, risk management, and more. To thrive in this intricate financial ecosystem, collaborative financial planning has emerged as a vital strategy. This approach involves working with a team of advisors and specialists who bring their unique expertise to the table,…  Read more

Introducing KCE Estate Planning and Wealth Management Solutions: Your Path to Financial Security   We are thrilled to introduce KCE Estate Planning and Wealth Management Solutions, a dynamic and client-focused company committed to securing your financial future.   Spearheaded by a seasoned and registered financial planner, our mission is to provide you with the expertise and guidance you need to navigate the complex world of financial planning.   Our team…  Read more

“Borrowing isn’t inherently bad; it depends a lot on what the debt is financing” (Stephen Moore, writer and economic commentator)  Taking on debt can be a good thing for a company. It can fund expansions, help you seize market share or diversify offerings. Handled incorrectly it can, however, lead to severe problems that could ultimately result in bankruptcy. Managing company debt is, therefore, something that should always be done alongside…  Read more

“A trustee has a responsibility to guard the assets of others with a higher degree of care than he does his own.” (John Ashcroft) Onerous new duties have recently been imposed on all trustees of all trusts – by government through legislative amendments, and also by SARS – in addition to their existing fiduciary duty to act in the best interest of all the beneficiaries and “with the care, diligence…  Read more

“A house built on granite and strong foundations, not even the onslaught of pouring rain, gushing torrents and strong winds will be able to pull down.” (Haile Selassie, Former Emperor of Ethiopia) When starting a new business, few things are as important as establishing your finances and making sure they are right. Building the foundation for stable, accurate financial reports and tax filing will see you in good stead in…  Read more

“This is not an austerity budget. It is a budget that makes tough trade-offs in the interests of the country’s short and long term prosperity.” (Finance Minister Enoch Godongwana – Budget 2023) Finance Minister Enoch Godongwana’s second Budget contained no major tax proposals, thanks to an improvement in revenue from higher collection in corporate and personal income taxes, and in customs duties. Instead, the focus of Budget 2023 was firmly on…  Read more

“I would borrow money all day long, if the cost of borrowing is less than the expected return.” (Brad Schneider, American congressman) At some point it’s more likely than not that your small business will require a business loan. A 2021 study done by Fundera (a US financial resource business that sources financing for small businesses) suggested that 56% of all small businesses will need a loan to expand operations,…  Read more