Economics
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.
Well Respected Investor Bets Against Tesla For These Reasons
03 Dec 2020 by Carrie / No Comments
Given his early prediction of the United States subprime mortgage crisis, and his success in investing, when Michael Burry speaks, people listen.
Floodgates Could Open For COVID-19 Insurance Payouts In SA
19 Nov 2020 by Carrie / No Comments
Two rulings in the Cape High Court are going to make things very difficult for insurers failing to pay out for COVID-19-related losses in the hospitality industry.
One Step Closer To Tearing Up Your Cheque Book For Good
13 Nov 2020 by Carrie / No Comments
South African banks, and SARS, have declared that the cheque book could soon be a thing of the past.
SARS Is Really Cracking Down On Tax Avoidance
04 Nov 2020 by Carrie / No Comments
There’s a fine line between tax avoidance and tax evasion, and if you’re on the wrong side of it, SARS could be coming for you.
What It Takes To Crack SA’s Richest 1%
04 Nov 2020 by Carrie / No Comments
A new report reveals exactly how much you need to earn to be considered super-rich in South Africa, and part of the elite 1%.
Police, Schools, Health – Infuriating Breakdown Of Where SAA’s R10,5 Billion Is Taken From
30 Oct 2020 by Jasmine Stone / No Comments
Finding in excess of R10 billion from a budget already stretched paper-thin means money taken from departments that can ill afford the hit.
SA’s Medium-Term Budget Statement Broken Down In Under Five Minutes [Video]
29 Oct 2020 by Jasmine Stone / No Comments
Yesterday, Finance minister Tito Mboweni presented his medium-term budget policy statement, and there were a few eyebrow-raising figures that were quickly criticised.
How Carolyn Rafaelian Lost $900m In Less Than Two Years
26 Oct 2020 by Carrie / No Comments
Former billionaire Carolyn Rafaelian went from one of Forbes’ ‘Richest Self-Made Women’ in 2017 to being fired from her own company.
Most Valuable Brands: Woolworths Scrapes Into Africa’s Top 10 List
26 Oct 2020 by Carrie / No Comments
South Africa dominated in this year’s Brand Finance Africa 150 list, which measures the top brands on the continent.
Ramaphosa’s Four-Point Plan To Fix SA’s Economy Panned
16 Oct 2020 by Jasmine Stone / No Comments
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.
Doorbell Cam Captures Economist’s Reaction To Winning Nobel Prize [Video]
14 Oct 2020 by Carrie / No Comments
It’s hard to imagine how one should react when finding out that you’ve won a Nobel prize, but I didn’t see this coming.
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