Are you afraid of the dark? Sorry for you. Eskom says the darkness will carry on for a good few years. You can either invest in a candle factory or go Off The Grid.
In the last couple weeks we wrote an article accusing Nedbank of acting in an illegal manner – by A) spamming clients and B) charging for the opt-out. This is their response.
Yesterday we brought you a story about Nedbank and their habit of spamming customers. It turns out they ARE breaking the law.
I’m sure it’s illegal to send spam text messages and ask people to opt out AFTER the fact. But Nedbank seem to have taken things to the next level.
These guys have done well for themselves… Our country’s five wealthiest men – they show that hard work does indeed pay off (no pun intended).
Are you black? Are you a filmmaker? Well have we got news for you! A new incentive program has been announced for the film industry by the DTI, to encourage filmmakers to take on bigger productions.
Everyone will remember fondly the Sunday Times front page headline, “Fuck The Poor” from last weekend, which referenced top African Bank exec, Tami Sokutu’s thoughts on the poor. Now – FINALLY – you can hear him say it!
Good advice is everywhere, but great business advice is hard to come by, and there’s an opportunity to get a wealth of important information for you and your business team.
If you were wondering whether the government’s “modest” R100 million spending on luxury cars was necessary – it definitely wasn’t.
If this headline doesn’t excite you, there is no hope for any of us. Allow Julian Assange to provide wisdom and insights into his extraordinary journey, so far.
It’s been reported that Facebook is close to receiving authorisation to become an “electronic money institution” in Europe. You may be asking why the social media giant is getting into the banking game? Well, for more money of course.
In 2012 the highest paid South African exec received a salary of R190.7 million. That massive paycheque belonged to the then chief executive of SABMiller, Graham Mackay. But that’s chump change for the SA exec who earned R1.8 billion in the same year.
There are a lot of lists and columns explaining how to retire rich in a global sense. But you never get a South African perspective. We got in touch with a top private wealth manager, for his insight into what smart moves should be made.
Monday served as a rude awakening to South Africans. South Africa is no longer the largest economy on the continent. Nigeria’s newly calculated GDP sits at $510 billion, way larger than South Africa’s $384 billion. Rather than feeling sorry about our deflated ego, take a look at how the two economies compare.
Good news for your credit card. From 1 April bad credit rating information and information relating to paid up judgements will be removed. The process referred to as credit amnesty will allow you to start with a clean slate. However, it doesn’t mean your debt disappears.
South Africa’s economy is experiencing an economic bubble similar to the kind that precipitated the downfall of Western economies in 2008. Even though the South African economy has received a bit of attention after the Rand fell considerably to the US Dollar, some analysts foresee a looming financial crisis in a couple of years for the emerging markets, including South Africa.
Bitcoin is an incredibly divisive topic. Should you buy, should you sell? Perhaps you should ask Warren Buffett. Here’s his advice.
Internet firms Alibaba and Tencent are among 10 other companies shortlisted to set up private banks in China.
Normally only big corporate buy outs or investments make the headlines. But investing in startups is a strong area of interest for large corporations. A small business’s growth is often accelerated by investment by major corporations. So what do they get out of it?
A lotto winner wasting his windfall on parties and hookers, or a retired sports personality sitting in a spot of financial bother doesn’t come close to comparing to these gentleman. After making it to the pinnacle of the billionaire echelons, more than a few have made quick work of losing it all.
It’s time to make you feel like you haven’t accomplished a dang thing in your life. 31 of the 1,645 people that made the Forbes Billionaires List are under the age of 40. Here are the five youngest billionaires on the planet.
How resilient is your internet banking? IT issues plague all online industries, and internet banking is not immune. John Lyons, PwC UK Banking/Technology Resilience partner, says there are a couple of reasons why online banking is not as resilient as what it should be.
Just a few days after BitCoin exchange, MtGox has gone offline, the company has filed for bankruptcy protection. Their claim has been approved by a district court in Tokyo. At the court hearing MtGox stated they had outstanding debts of about R67.9 million.
Today in the Constitutional Court Auction Alliance won a long running case against the Estate Agency Affairs Board. The Constitutional Court has now confirmed a previous order of the Western Cape High Court which declared sections of the Estate Agency Affairs Act and the Financial Intelligence Centre Act as unconstitutional and invalid. Auction Alliance’s legal council, […]
Statistics South Africa showed that the economy grew more than expected in the last financial quarter of 2013. The SA economy achieved a surprising 3.8% quarter-on-quarter growth, after the third quarter only showed 0.7% economic expansion.
With the the $1.4 billion legal marijuana market expected to grow to $10.2 billion in the next five years, entrepreneurs and venture capitalists alike are climbing into the newly formalised weed economy. No more the breeding grounds of syndicates and criminals, astute businessmen aim to capitalise on the “high-tech” weed industry flourishing in US states like California and Colorado.
Did you know that fabulously wealthy people enjoy reading, maintain a to-do list and wake up at least three hours before work? They also set goals, watch less television and maintain a healthy diet by eating less junk food and exercising four times a week. To find out what else they do, check out the infographic below.
Josh Shapiro always knew he wanted to make as much money as possible. Which is why, when other people his age were floundering, he was raking in thousands of dollars every day.
Good ‘ol Bernie Madoff. The former non-executive Chairman of the NASDAQ , stockbroker and financier who admitted to operating in a Ponzi scheme considered to be the largest financial fraud in US history, agreed to an interview with the Wall Street Journal while incarcerated.
Koos Bekker’s Naspers is doing very, very well. Thanks for asking. And it’s all on the back of TenCent, and a weak Rand. This, from Fin24: At 10:22, Naspers shares, which gained over 80% this year, were changing hands at a new record high of R1010.98, tracking a surge in Tencent shares in Hong Kong. […]