The Tesla co-founder has now sold about 4,5 million shares, raising over $5 billion, which amounts to roughly 3% of his stake in the company.
Planning for your future isn’t something you do on a nudge or a whim, which is where the financial experts come in.
Despite the Japanese public being overwhelmingly against the Olympics taking place, organisers are forging ahead, with financial concerns an unspoken driving force.
Brand Finance’s recently released 2021 annual report reveals the most valuable and strongest brands in South Africa.
The president and other top-earning ministers will see their paycheques remain the same for the second year in a row, but they’re still taking home a decent salary.
February has come and gone, and so too has the 2020/2021 financial year, but now’s the time to plan for the future and shield yourself from the tax you haven’t paid yet.
WallStreetBets has set their sites on a new investment opportunity, and we could all benefit from the returns on this one.
SARS issued a statement this week pointing out a high degree of non-compliance in the short-term rental sector, with Airbnb income clearly under scrutiny.
The government’s announcement that it was killing Section 12J tax breaks has been met with much pushback. Thankfully, there’s still one more chance to max out your refund before it ends.
With confirmation that Harry and Meghan won’t be returning as full-time working members of the British Royal Family, a closer look at their finances is in order.
You don’t amass a net worth of around $92 billion by making regular mistakes, but even Warren Buffett gets things horribly wrong from time to time.
At 2PM today, Mboweni is set to deliver the budget, and given the destruction wrought by the pandemic over the past year or so, it will need a balancing act of epic proportions.
You might want to give this a read before you start planning your retirement on the beaches of another continent.
The GameStop saga has created a new interest in Reddit’s WallStreetBets and the way that it might be gaming the market.
Last week, it looked like there would be no end to the rise and rise of GameStop stock. Then things went south.
A chain of stores that sell video games are suddenly worth a pretty penny, after a large group of people rallied on Reddit to support its stock and beat back the professionals.
There’s a great deal of buzz around Section 12J of the Income Tax Act, and that’s worth a closer look.
Here’s how to keep on track with growing your wealth when your finances don’t look that different from what you were working with last year.
Yesterday, Stats SA released the GDP stats for the third quarter. The headline number touted was the 66,1% growth, but that doesn’t really tell the full story.
As a new year approaches, consider this a reminder that starting 2021 with your finances in order is a great way to kick things off.
Finding in excess of R10 billion from a budget already stretched paper-thin means money taken from departments that can ill afford the hit.
Yesterday, Finance minister Tito Mboweni presented his medium-term budget policy statement, and there were a few eyebrow-raising figures that were quickly criticised.
Turning South Africa’s economy around is going to take a Herculean effort, and it doesn’t look like Ramaphosa’s four-point plan is going to cut it.
Fear not – our best and brightest are hard at work to turn around South Africa’s ailing economy.
One of the things that can make financial planning daunting is realising that there’s so much more to take into account than just saving.
According to a Johannesburg-based political and economic risk consultancy, we’re a decade away from being a “failed state”.
Even though you know full well the numbers are going to be dire, they still sting. Let’s take a closer look at what it all means.
The latest Municipal Financial Sustainability Index paints a dismal picture of South Africa’s municipalities.
Sometimes it’s tough not to read those ‘how much money you should have saved by 40’ stories and wince.
Boeing has been struggling to claw back profits, and the past few months have seen the financial woes deepen.