south africa retirement fund

Understanding South Africa’s Novel ‘Dual-Fund’ Retirement Framework

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South Africa has introduced a new ‘dualfund’ retirement system, with contributions split into a savings fund and a retirement fund, giving members a financial buffer during hardships and ensuring assets for postretirement life remain untouched until required. A third of contributions will form the savings component, while the remaining twothirds will be allocated to the retirement segment and can only be accessed upon retirement. Funds accrued prior to September 2024 will continue to be protected. However, there are concerns from experts that people could end up dipping into their savings fund too frequently and damaging their longterm financial safety.

south african soccer hlompho kekana

The Evolution of South African Soccer: Hlompho Kekana and Itumeleng Khune’s Retirement

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South African soccer legends Hlompho Kekana and Itumeleng Khune are facing the end of their careers. Kekana has retired and has advised Khune, whose contract with Kaizer Chiefs will not be renewed, to quit before bitterness creeps in. Khune still hopes to return to the pitch, despite being offered a coaching position. Meanwhile, Kaizer Chiefs coach Cavin Johnson is struggling to preserve his status with a poor win rate. As the season nears its end, both Khune and Johnson face critical crossroads in their soccer careers.

professional football retirement

The End of an Era: Happy Jele Retires from Professional Football

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Happy Jele, the legendary player of Orlando Pirates, has retired from professional football at the age of 37, after a remarkable 17year career. Jele won eight significant trophies with the Pirates, becoming an inspiration for aspiring athletes. Despite missing out on several Cup finals and representing Bafana Bafana twice, Jele’s imprint in football remains unscathed, and his remarkable journey continues to serve as motivation, both on and off the field.

south african football andile jali

An Unexpected Turn in South African Football

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South African football player Andile Jali is facing an unexpected career crossroad with speculation surrounding his possible retirement. Jali’s departure from Moroka Swallows was surprising, given his reputation and record in the DStv Premiership. His future in professional football remains uncertain as he deliberates his next step. Despite this uncertainty, Jali’s legacy in the football world remains an unwavering testament to his talent and determination.

surfing kelly slater

Kelly Slater: A Surfing Icon’s Potential Farewell to the Waves

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Kelly Slater, a legendary surfer with 11 world titles, recently hinted at a potential retirement from professional surfing after his departure from an event in Australia. Although he has not confirmed his retirement, Slater’s emotional response has left fans eagerly awaiting his next move. Slater’s impact on the sport of surfing is incalculable, and his fame has even spilled over into popular culture with his appearances in surfing films, TV shows, and video games. Regardless of whether he decides to retire or continue surfing, his legacy will be permanently etched in the annals of surfing history.

marais erasmus cricket

Celebrating the Exemplary Career of Marais Erasmus: A Respected Icon in the Cricket World

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Marais Erasmus, a South African umpire, has retired from the International Cricket Council (ICC) Elite Panel of Umpires after a distinguished career. He was highly respected for his professionalism and calmness and received the David Shepherd Trophy for the ICC Umpire of the Year three times. Erasmus also served in four ICC Men’s Cricket World Cups, two ICC Men’s Champions Trophy tournaments, and seven ICC Men’s T20 World Cups. His retirement marks the end of an exceptional chapter in the cricket world.

south african rugby jaco peyper

The Changing Face of South African Rugby: The Curtain Falls on Jaco Peyper’s Era

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Jaco Peyper, a legendary rugby referee with an illustrious career spanning 67 tests and three Rugby World Cup tournaments, has announced his retirement, marking the end of an era. Despite suffering an Achilles injury in the 2023 Rugby World Cup quarterfinal match between Wales and Argentina, Peyper remained an esteemed figure in rugby, officiating nine finals and winning Referee of the Year four times. His legacy as a remarkable ambassador for South African rugby and role model to future referees will continue to resonate in the sport.

rugby referee

The Remarkable Journey of Jaco Peyper, the Luminary of South African Rugby Refereeing

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Jaco Peyper, a retired South African rugby referee with 67 international Tests to his name, has recently announced his retirement from the sport. His impressive career saw him officiate numerous playoffs in the Vodacom United Rugby Championship, Super Rugby, the Investec Champions Cup, and the Currie Cup, and his influence extended far beyond the rugby field. His advocacy for the interests of toplevel male and female officials worldwide, his work with broadcasters to improve understanding of the sport, and his commitment to grooming the next generation of match officials leave behind a strong legacy.

rugby referee

Celebrating Jaco Peyper: A Dazzling Beacon in Rugby Refereeing

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Jaco Peyper, a retired rugby referee from South Africa, has officiated in over 67 Test matches and three Rugby World Cups. He is highly respected for his perceptive judgement and thorough comprehension of the game, which has been demonstrated in various leagues including the Super Rugby, Investec Champions Cup, and Currie Cup level. Peyper’s remarkable career has left a legacy of brilliance, commitment, and sportsmanship, establishing a standard for future referees.

rugby retirement

The Heartfelt Curtain Call of England Rugby’s Mako Vunipola

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Mako Vunipola, a highly revered prop of England, retired from international rugby last Friday. His career was marked by incredible accomplishments and lasting impressions, with a relentless drive positioning him amongst the cream of the crop in the game. Although his journey was not always smooth sailing, his resilience and unwavering loyalty to the sport set him apart. Vunipola’s legacy will continue to inspire future rugby players, and his exit from international rugby symbolizes the culmination of an epoch.

south african politics retirement

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A political icon in South Africa, Dr. Nkosazana DlaminiZuma, has announced her retirement from politics. After a career spanning over three decades, she served as Health Minister and Foreign Minister, becoming the first woman to lead the African Union Commission. Her retirement aligns with the ANC’s desire for rejuvenation, and her legacy includes promoting international relations and upholding trade agreements. The public response has been diverse, with tributes flooding social media, signifying the end of an era and a new phase in South African politics.

rugby retirement

The Splendid End of Cheetah Pro Robert Ebersohn: An Epic Rugby Tale

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Robert Ebersohn, a prominent rugby player, retired due to a concussion injury sustained during a preseason match against Australia’s Western Force. He played over 260 matches, including 110 for the Cheetahs and over 150 for French teams. His career took off straight out of high school, where he made his debut in 2008 against the Blue Bulls at Loftus Versfeld. Ebersohn’s journey ended where it began, playing for his cherished Cheetahs in front of his family and establishing strong bonds with teammates.

dean elgar south african cricket

A Tribute to Dean Elgar: The End of an Era in South African Cricket

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South African cricket bids farewell to the legendary cricketer, Dean Elgar, who has played 84 Tests and eight OneDay Internationals, scoring over 5,000 runs and 13 centuries. Elgar also served as the Test captain from May 2021 to January 2023, leading South Africa to a series triumph over India in their home ground in January 2022. His legacy inspires aspiring cricketers to represent their nation diligently and face challenges fearlessly. As Elgar retires, a significant era in South African cricket comes to an end, but his invaluable contribution to the game will continue to inspire the next generation.

cricket retirement

The Final Innings: Dean Elgar Prepares for Retirement from International Cricket

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South African cricketer Dean Elgar will retire from international cricket after the Test series against India. Elgar has amassed over 5,000 Test runs and 13 centuries in his illustrious career. The Newlands Cricket Ground in Cape Town, a venue with significant sentimental value for Elgar, will host his swansong performance. The decision to retire was partly influenced by coach Shukri Conrad’s future game plans, which did not feature Elgar.

netball phumza maweni

The Resounding Legacy of Phumza Maweni in the Professional Netball

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Phumza Maweni is a retired professional netball player who made a name for herself with her tenacity and perseverance on the court. She played for notable teams overseas and retired with a sense of accomplishment and plans to mentor future netball players. Maweni’s legacy is one of exceptional talent, discipline, and unwavering commitment that will continue to inspire future generations of netball enthusiasts.

rugby retirement

Announcing the Last Act of a Rugby Legend: Juan de Jongh’s Transformation

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Rugby player Juan de Jongh has retired and is now coaching WP’s pipeline teams and athletes at Stellenbosch Academy of Sport. His retirement marks the beginning of a new chapter in his career, as he swaps his rugby boots for a coach’s whistle. Despite leaving the pitch, de Jongh’s legacy will continue to mold the future of rugby through his coaching and influence.

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