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In this episode of the Maya on Money podcast, host Maya Fisher-French engages in a thought-provoking discussion with Thoneshan Naidoo, CEO of the Health Funders Association, around the complexities of medical schemes in South Africa. The episode opens with a case involving a father fighting for life-saving medication for his son, highlighting the pressing issues surrounding medical care costs and access to innovative treatments. Thoneshan explains prescribed minimum benefits (PMBs) that medical schemes are mandated to cover, the challenges posed by outdated legislation, and the ethical dilemmas faced in healthcare funding. The conversation unpacks how medical schemes operate, how claims are funded, and the financial dynamics of risk pooling – including the implications of voluntary membership on healthcare costs. Key topics discussed include: - The significance of prescribed minimum benefits and their current limitations- The ethical considerations in funding high-cost treatments versus preventative care- The impact of an ageing population on medical scheme sustainability- Proposals for reforming PMBs and implementing low-cost benefit options- The future of medical schemes in the context of National Health Insurance and regulatory challenges If you want to understand more about the complexities of medical schemes and the ongoing debates surrounding healthcare access and affordability in South Africa – this episode is really worth listening to. Here is the link to the full HFA State of Medical Schemes Report 2026 (SOMS): https://hfassociation.co.za/images/docs/20260904%20HFA%20SOMS%20Report%202026%20Final.pdf

In this episode of the Maya on Money podcast, host Maya Fisher-French explores the evolving landscape of stablecoins and their implications for everyday consumers. Joined by Wiehann Oliver, Partner and Global Co-Head of Digital Assets at Forvis Mazars, they discuss the recent high court ruling regarding the treatment of cryptocurrency in South Africa and how this impacts exchange control regulations. The conversation explains the fundamentals of stablecoins and how these digital assets, pegged to stable currencies like the US Dollar, can revolutionise payment mechanisms, particularly for cross-border transactions. Wiehann provides insights into the legal complexities surrounding cryptocurrency and the potential for stablecoins to serve as a hedge against local currency devaluation. Key topics discussed include: The recent court ruling and its implications for cryptocurrency regulation in South Africa How stablecoins can facilitate faster and cheaper transactions compared to traditional banking The role of stablecoins in mitigating currency devaluation in Africa Practical applications of stablecoins in everyday life and international payments The future of stablecoins in the banking sector and potential disruptions to traditional financial models This episode is essential for anyone looking to understand the future of money and the role of stablecoins in reshaping financial transactions. Tune in to learn how stablecoins could become a vital part of your financial toolkit.

In this episode of the Maya on Money podcast, host Maya Fisher-French and Adrian Hope-Bailie, the founder of Fynbos Money to discuss the importance of building an emergency fund and investing, how to use both a TFSA and a retirement annuity as part of your retirement plan, and why you really should start a TFSA for your child rather than just buying them more sneakers. Sponsored by Fynbos Money

In this episode of the Maya on Money podcast, we delve into the world of exchange-traded funds (ETFs) with expert guest Niki Giles, head of strategy at Prescient Fund Services. As the popularity of ETFs continues to rise, we discuss the fundamentals of ETFs, their benefits, and how to get started investing. We begin by explaining what ETFs are and how they differ from traditional unit trusts, highlighting their low cost and accessibility, which have democratised investing for many. The conversation also covers the evolution of ETFs from passive index-tracking funds to actively managed funds, examining the implications for investors in terms of fees and performance. Key topics discussed include: - The basics of exchange-traded funds and their advantages for new investors- The difference between passive and actively managed ETFs- Cost considerations and how they compare to traditional unit trusts- Strategies for choosing the right ETFs for your investment goals- The importance of diversification and long-term investing This episode is a valuable resource for anyone looking to navigate the ETF landscape, providing insights and practical tips for making informed investment decisions. Tune in to learn how you can start your investment journey with as little as R100 and harness the power of compounding for your financial future.

In this episode of the Maya on Money podcast, host Maya Fisher-French dives deep into the intricacies of estate planning for offshore investments. With her own recent restructuring experience, Maya opens up about the challenges of managing foreign dividends and the growing tax implications of wealth accumulation over time. To help navigate these complexities, she invites Elana Nel, Fiduciary Specialist at Ninety One, to share her expertise on how to effectively plan for the future when dealing with both local and foreign assets. The discussion covers a wide range of critical topics, including the impact of situs tax, the importance of understanding different jurisdictions' tax rules, and the necessity of having separate wills for local and offshore assets. Elana elaborates on the potential pitfalls of estate planning, especially for families with members living across various countries, and highlights the significance of double taxation agreements. Key topics discussed include: - The complexities of estate planning with offshore investments- Understanding situs tax and its implications for South African investors- How exchange control affects the winding up of estates with foreign assets- The role of wills in managing local and offshore assets- Strategies for simplifying estate administration through investment wrappers This episode is a must-listen for anyone with international investments or those looking to ensure their estate is managed effectively across borders. Tune in to gain valuable insights that could make a significant difference for you and your beneficiaries.

In this episode of the Maya on Money podcast, host Maya Fisher-French discusses the recent changes affecting small business finances following the national budget announcement. With the VAT threshold and turnover tax limits both increased to R2.3 million, Maya unpacks what this means for small business owners and whether they should consider deregistering for VAT. Joined by Seelan Muthayan, director and head of VAT at BDO, they explore the pros and cons of remaining a VAT vendor versus deregistering, emphasising the complexities involved in VAT returns and the potential impact on cash flow. Seelan shares valuable insights on the implications of deregistration, including the risk of audits and the perception of reliability among clients. Key topics discussed include: - The implications of the increased VAT threshold for small businesses - Pros and cons of deregistering for VAT - Understanding turnover tax and its eligibility requirements - Common pitfalls in claiming home office expenses and how to navigate them - Advice on maintaining compliance with SARS and preparing for future audits This episode includes essential information for small business owners looking to optimise their tax strategies and navigate the evolving financial landscape. Tune in to gain clarity on these significant changes and make informed decisions for your business.

As the end of the tax year approaches, it is time to maximise your tax deductions and contributions to tax-free savings accounts and retirement annuities. Joined by Janine Langenhoven, senior legal counsel at Ninety One, Maya explores the often-overlooked tax benefits of exceeding the annual contribution cap on retirement annuities of R350 000. Janine explains how excess contributions can roll over to future years, allowing for tax deductions later, and discusses the implications of these contributions at retirement. They also discuss the dos and don'ts for parents who may want to give their children a head start on their retirement savings. Key topics discussed include: -          The mechanics of exceeding the R350 000 contribution cap and the tax benefits associated with it -          How excess contributions can lead to tax-free withdrawals at retirement -          The role of retirement annuities in estate planning and their implications for beneficiaries -          Strategies for parents considering retirement annuities for their children -          Important considerations for tracking contributions and ensuring compliance with SARS This episode provides essential insights for anyone looking to navigate the complexities of retirement annuities and optimise their tax strategies effectively.

The cryptocurrency landscape is evolving at a breakneck pace, leaving most of us feeling bewildered by the myriad of terms and concepts.  This stablecoin aims to blend the benefits of blockchain technology with the reliability of regulated financial systems, targeting the South African and broader African markets. Joining Maya is Warren Ross, the managing director of Super Money SA, who breaks down the complexities of stablecoins in simple terms. Listeners will learn what sets stablecoins apart from traditional cryptocurrencies like Bitcoin, how their value is maintained, and the mechanisms that ensure stability. Warren also addresses the crucial aspect of trust and transparency in the cryptocurrency space, explaining the need to provide audited proof of reserves and maintain robust compliance measures. Key topics discussed include: • The fundamental differences between stablecoins and volatile cryptocurrencies• How the ZAR Supercoin is pegged to the South African rand and the implications for users• The role of market makers in maintaining the stability of the coin• Use cases for stablecoins, including its potential for lower transaction costs and faster payments• Insights into the regulatory landscape for cryptocurrencies in South Africa and the importance of compliance Whether you’re a seasoned crypto enthusiast or a newcomer trying to navigate this complex world, this episode offers valuable insights into how stablecoins can play a significant role in the future of finance in South Africa and beyond.

In this episode of My Money, My Lifestyle, host Maya Fisher-French shares a personal story that highlights the often-overlooked complexities of medical aid claims, particularly in emergency situations. When her 85-year-old mother experienced alarming symptoms and sought treatment at an emergency room, she was left with bills not paid by the medical scheme. Maya invites David Green from Med ClaimAssist to discuss what to do when your medical scheme does not cover the cost of emergency treatment. They explore the nuances of prescribed minimum benefits (PMBs) and the importance of proper referrals when navigating emergency care. David sheds light on the misconceptions surrounding hospital plans and the potential financial implications of emergency room visits.Key topics covered include:• Understanding the limitations of medical schemes regarding emergency room visits• The significance of referrals from healthcare professionals • Strategies for challenging denied claims and navigating the claims process• The potential for negotiating medical bills and seeking discounts from providers• Insights into the role of clinical committees in reviewing complex casesListeners will gain valuable insights into their rights as medical scheme members and practical steps to take when faced with unexpected medical expenses.

South Africans are feeling more confident about their finances than they have in the last three years – according to the 2025 Sanlam Financial Confidence Index.This good news is driven in part by lower interest rates, the end of loadshedding, and real salary increases. Yet, despite feeling more confident, this is not translating into an improved sense of financial well-being and 74% of South Africans remain stressed about their daily finances. As we know from experience, we usually need confidence to inspire action. So, how can we utilise this confidence and improved macroeconomic conditions to enhance our personal financial well-being?In this podcast, host Maya Fisher-French is joined by Kele Boakgomo, behavioural scientist and CEO of Yugrow, and Lee Hancox, Head of Channel and Segment Marketing at SanlamConnect, to unpack the trends and behavioural insights from the Sanlam Financial Confidence Index, as well as provide tools and strategies we can apply to make sure we enter 2026 with a greater sense of financial control. For the full Sanlam Financial Confidence Index report, click here

Asset manager Piet Vijoen has argued that people systematically overpay for insurance because they prefer the certainty of losing a little each month (i.e. the premium) rather than risk facing an uncertain loss at some point in the future.In this episode of My Money, My Lifestyle, host Maya Fisher-French debates the relevance of insurance and how much is enough with financial planners Henri le Grange and Ben Nel.Insurance is often viewed with scepticism, and many people question whether it is truly worth the investment. This episode addresses key concerns surrounding life cover, income protection, and critical illness cover, as well as how to avoid a "tick box" approach that leads to clients being overinsured and overpaying for premiums that may not align with their actual needs. Listeners will also learn about the risks associated with age-rated premiums, which can escalate quickly and become unaffordable as individuals age. The episode also explores the concept of self-insurance, where individuals accumulate sufficient liquid assets to cover potential liabilities without relying solely on insurance.  A personalised approach ensures that clients are not just sold a product but are guided to make informed decisions that benefit their overall financial health.This episode is a must-listen for anyone looking to navigate the often confusing world of insurance and personal finance.

After six transformative months, we’re concluding our Insure Your Future Money Bootcamp series with incredible stories of financial transformation that will inspire and motivate you to take control of your finances.In this final episode, we discuss the game-changing themes that emerged from the journeys of our boot camp participants. From unexpected promotions to debt freedom, the results speak for themselves: money truly loves control.What You’ll Discover: • Why financial structure creates opportunities for prosperity in all areas of life • How to overcome the psychological barriers that keep you stuck (fear, guilt, and shame around money) • Practical strategies for setting boundaries with family financial expectations • The compound effect of small, consistent financial actions • How to balance financial responsibility with enjoying life guilt-freeOur participants’ stories prove that transformation is possible for anyone willing to face their financial reality and take action. We heard from individuals who accelerated their debt payoff, built emergency funds, inspired family members to change their money habits, and even received promotions at work after gaining financial stability.Key Takeaway: Financial empowerment isn’t just about numbers, it’s about mindset, relationships, and creating sustainable habits that compound into life-changing results.Whether you’re drowning in debt, struggling with family financial pressure, or simply want to level up your money management, this episode provides actionable insights you can implement immediately.Ready to transform your relationship with money? Listen to the full series if you have not already done so. This is your roadmap to financial freedom!

Most people can only afford to retire comfortably by age 80. This sobering statistic was the focus of our latest Insure your Future Money Bootcamp podcast discussion that asked the question of whether early retirement is even possible in today’s economic climate.In this episode, Maya and Mapalo are joined by seasoned financial planner Wynand Gouws, author of "To 100 and Beyond". They explore the realities of retirement savings, the importance of understanding replacement ratios, and the critical role of budgeting in preparing for retirement. Wynand emphasises that simply having a retirement fund is not enough; individuals must actively engage with their financial planning to ensure they can maintain their desired lifestyle post-retirement.The conversation explores practical strategies for boosting retirement savings, including the importance of delaying retirement, managing lifestyle choices, and the advantages of tax-efficient savings. Wynand also highlights common myths surrounding retirement planning, urging listeners to take proactive measures now to avoid future financial strain.Key topics covered:• Understanding the implications of replacement ratios on retirement planning• The importance of budgeting and tracking expenses for a secure retirement• Strategies for increasing retirement savings and utilising tax benefits• The impact of lifestyle choices on long-term financial health• Debunking retirement myths and preparing for increased longevity This episode serves as a wake-up call for those who may be underestimating their retirement needs. Tune in to gain valuable insights and actionable steps to ensure your financial well-being in your golden years!

The latest FNB retirement survey revealed that many South Africans are allocating more funds to insurance than to their retirement savings. So how do we find the balance between insuring for the unexpected while investing for longevity? This is the topic of the latest episode of the Retirement Reimagined series, with host Maya Fisher-French and guest Deepesh Desai, head of FNB Life. Maya and Deepesh discuss how to utilise insurance to protect retirement savings and what types of insurance are suitable once you are retired. Deepesh explains how understanding one’s unique financial situation and life stage is vital in determining appropriate insurance coverage.Key topics covered:• The relationship between insurance spending and retirement savings• How insurance can safeguard your retirement nest egg• The importance of assessing insurance needs at different life stages• The role of legacy planning and estate liquidity in insurance decisions• The impact of critical illnesses on retirement planning and insurance needs• The necessity for democratising financial advice to ensure informed insurance choicesBy understanding how to integrate insurance into your overall financial strategy, you can better prepare for a secure and comfortable retirement. Tune in to gain clarity on how to protect your financial future while pursuing your retirement goals.For more information on the retirement survey, click this link.

In the latest episode of the Money Bootcamp Podcast, we dive into the world of investing and the magic of compound growth. If you've ever wondered how your money can grow exponentially over time, this episode is for you. We begin by discussing the Rule of 72, a straightforward formula that helps you determine how long it will take for your investment to double, based on a fixed annual rate of return. For instance, at a 10% return, your money could double every 7.2 years, but the real magic happens when you let it compound over a longer period.We break down the significance of staying invested, explaining how early withdrawals can jeopardise your long-term financial goals. The discussion also covers realistic expectations for returns, drawing on historical data from the Johannesburg Stock Exchange and global markets to highlight the importance of diversification in investment strategies.This episode is packed with insights and practical advice for anyone looking to improve their financial literacy and make informed investment decisions. Whether you're a seasoned investor or just starting, there's something valuable for everyone. Tune in to learn how to harness the power of compound growth and take control of your financial future!Key topics covered:• Understanding the mechanics of compound growth and the rule of 72• The impact of market performance over different time frames• The importance of investing consistently, even with smaller amounts• Differentiating between nominal and real returns, and why inflation matters• Exploring tax-free savings accounts and their benefits for long-term wealth accumulation