The last global recession in 2009, dubbed The Great Recession, began when the American housing market went from boom to bust.
Batten down the hatches, because here comes trouble. It’s not just the cost of filling up that suffers when fuel prices surge.
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.
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.
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.
Over the past year, coffee bean prices have already doubled. There could be more bad news to come.
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.
WallStreetBets has set their sites on a new investment opportunity, and we could all benefit from the returns on this one.
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.
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.
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.
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 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.
Last week, it looked like there would be no end to the rise and rise of GameStop stock. Then things went south.
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.
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.