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Economics
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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‘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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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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.
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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.
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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.
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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.
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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%.
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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.
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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.
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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.
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