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.
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.
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.
Yesterday, Finance Minister Enoch Godongwana tabled his 2022/2023 budget in parliament. Let’s take a closer look at the various ‘sin tax’ numbers.
Judging by the Brand Finance Global 500 report for 2022, some have fared better than others.
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.
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.
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.
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.
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.
BankservAfrica’s latest Take-home Pay Index is out, providing insight into what the average South African’s take-home salary looks like.
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.
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.
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.
The South African Federation of Trade Unions (SAFTU) clashed with police during a protest against the current unemployment rates, among other things.
Reddit spent its entire marketing budget on a five-second Super Bowl advert, and managed to make quite an impact.
The GameStop saga has created a new interest in Reddit’s WallStreetBets and the way that it might be gaming the market.
Simple mistakes that might previously have earned taxpayers a slap on the wrist could now see you spending up to two years in jail.
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.
Apple is eating Amazon’s lunch and that’s just one way that the company is killing it at the moment.
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.