Economics
June Is Going To Be A Rough Month
20 May 2022 by Jasmine Stone / No Comments
Batten down the hatches, because here comes trouble. It’s not just the cost of filling up that suffers when fuel prices surge.
A Brief History Of Why Our Currency Is Called The Rand
20 Apr 2022 by Tayla / No Comments
When you think of the South African rand compared to the pound, for example, you don’t exactly see gold. But that is precisely the history behind the name of our currency.
The Crazy Naspers / Eskom Stat That Has Investors Worried
23 Mar 2022 by Jasmine Stone / No Comments
Naspers, which owns large stakes in South African companies like Media24, MultiChoice, and Takealot, has long been popular with those who dabble on the JSE.
Not A Great Year For South Africa’s Ultra-High-Net-Worth Individuals
03 Mar 2022 by Tayla / No Comments
The number of ultra-high-net-worth individuals (UHNWIs) grew substantially across the globe over the last two years, although the opposite is true for South Africa.
How Much More You’ll Pay For Booze And Cigarettes This Year
24 Feb 2022 by Jasmine Stone / No Comments
Yesterday, Finance Minister Enoch Godongwana tabled his 2022/2023 budget in parliament. Let’s take a closer look at the various ‘sin tax’ numbers.
No Surprise Who Tops The World’s Most Valuable Brands List This Year
27 Jan 2022 by Tayla / No Comments
Judging by the Brand Finance Global 500 report for 2022, some have fared better than others.
December Was A Good Month For Toyota
11 Jan 2022 by Tayla / No Comments
South Africa’s new car sales and exports have had a few knocks to contend with over the past while. Toyota still manages to dominate the former.
There’s A New World’s Most Expensive City To Live In
01 Dec 2021 by Tayla / No Comments
The Economist Intelligence Unit (EIU) called it last year, saying that 2021’s most expensive city to live in would come out of nowhere due to economic changes from the COVID-19 pandemic.
Coffee Lovers Could Be In For A Nasty Surprise
15 Nov 2021 by Jasmine Stone / No Comments
Over the past year, coffee bean prices have already doubled. There could be more bad news to come.
How Elon Musk Can Enjoy His Billions Without Selling Stock
12 Nov 2021 by Jasmine Stone / No Comments
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.
Worldwide Breakdown Expected In A Few Decades – These Countries Could Survive
30 Jul 2021 by Tayla / No Comments
A new study suggests that a global societal collapse is very likely “within a few decades”, but there are a few countries that could keep civilisation afloat.
Here’s What President Ramaphosa And Our Ministers Are Pulling In These Days
01 Apr 2021 by Tayla / No Comments
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.
The Super-Rich Are Snapping Up Passports For Countries With Low COVID-19 Risks
25 Mar 2021 by Carrie / No Comments
COVID-19 has presented a unique opportunity to see how those in different income brackets stay safe, with the super-rich going as far as to secure citizenship in low-risk countries.
What The Average South African Takes Home Every Month
25 Mar 2021 by Carrie / No Comments
BankservAfrica’s latest Take-home Pay Index is out, providing insight into what the average South African’s take-home salary looks like.
Reddit’s WallStreetBets Has A New Target
18 Mar 2021 by Carrie / No Comments
WallStreetBets has set their sites on a new investment opportunity, and we could all benefit from the returns on this one.
Work Out How Wealthy You Are Compared To Rest Of SA With This Simple Tool
11 Mar 2021 by Carrie / No Comments
The World Inequality Database has updated its data for South Africa with a tool that lets you calculate how wealthy you are compared to other South Africans.
Warren Buffett Really Screwed Up This Time
01 Mar 2021 by Jasmine Stone / No Comments
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.
‘Sin Tax’ Increases – How Much More You’re Paying For Beer, Wine, Spirits, And Cigarettes
26 Feb 2021 by Jasmine Stone / No Comments
During his budget speech on Wednesday, Finance Minister Tito Mboweni announced an increase in sin taxes, which will see the price of alcohol and tobacco products increase.
What You Need To Be In The Top 1% In SA, Compared To The Rest Of The World
25 Feb 2021 by Carrie / No Comments
If you’re keen to join the 1%, you’ll have to accumulate a fair sum of net wealth, albeit far less than in other parts of the world.
It Didn’t Take Long For The Budget Speech Protest To Turn Ugly [Video]
25 Feb 2021 by Carrie / No Comments
The South African Federation of Trade Unions (SAFTU) clashed with police during a protest against the current unemployment rates, among other things.
WATCH LIVE: Tito Mboweni’s Budget Speech [Video]
24 Feb 2021 by Jasmine Stone / No Comments
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.
Reddit Bought This Super Bowl Ad To Celebrate The GameStock Mayhem
08 Feb 2021 by Carrie / No Comments
Reddit spent its entire marketing budget on a five-second Super Bowl advert, and managed to make quite an impact.
WallStreetBets: How To Track Reddit’s Most Talked About Stocks
05 Feb 2021 by Carrie / No Comments
The GameStop saga has created a new interest in Reddit’s WallStreetBets and the way that it might be gaming the market.
GameStop Investors Lose Fortunes As They ‘Hold’
05 Feb 2021 by Carrie / No Comments
Last week, it looked like there would be no end to the rise and rise of GameStop stock. Then things went south.
These Simple Mistakes On Your SARS Tax Return Could Land You In Jail
04 Feb 2021 by Carrie / No Comments
Simple mistakes that might previously have earned taxpayers a slap on the wrist could now see you spending up to two years in jail.
Small-Time App Traders Troll Wall Street And Send Stock Soaring
28 Jan 2021 by Carrie / No Comments
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.
Staggering Numbers Coming Out Of Apple’s Latest Quarterly Report
27 Jan 2021 by Carrie / No Comments
Apple is eating Amazon’s lunch and that’s just one way that the company is killing it at the moment.
Handy Tips On Growing Your Wealth In 2021
18 Jan 2021 by Carrie / No Comments
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.
The Truth Behind SA’s Latest GDP Numbers
09 Dec 2020 by Jasmine Stone / No Comments
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.
Fresh Start – Six Tips For Getting Your Finances Sorted Before The New Year
08 Dec 2020 by Carrie / No Comments
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.
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