Here’s a pretty staggering statistic – 1% of the South African population pays 60% of the personal tax collected by SARS. That doesn’t bode well for our economy.
Now that Robert Mugabe is on his way out, let’s take a brief look at the economic legacy he has left behind. Yeah, it’s not pretty.
Everyone wants a decent nest egg when they decide to live the good life, but it’s amazing how a little error here and there can end up costing you millions.
Nowadays it’s easy to become overwhelmed by the wealth of information at our fingertips, but if you want to be clued up on the markets it’s not that hard.
While the majority of the country lives in abject poverty, Kim and his mates seem to have plenty of money to throw around. So how exactly do they pay the bills?
As South Africans around the country took to the streets to voice their discontent at Zuma and his recent antics, others claimed to be delighted with the downgrade.
Looking back over the past three decades, 15 countries having fought back from junk status, we can learn some lessons about what lies ahead for South Africa.
Everyone knows a junk status rating isn’t a good thing, but how many people really understand the effect it will have on our daily lives going forward?
When it comes to the intricacies of the national budget many of us go a little cross-eyed, which is why we’re glad to have the help of the professionals. If it’s moving money in and out of the country we always turn to Currencies Direct, but they also have a handle on what goes down here […]
The NPA are running scared as the depths of their deceit come to light, and now they have begun to try and remedy their epic stuff ups.
Cyril Ramaphosa is keeping his promise and selling off his last remaining holdings in the Golden Arches – but is this just an act of faith for future elections?
SARS is already expecting a shortfall in tax returns this fiscal year, and unfortunately that has some dire repercussions for the country.
The Hawks are once again on Finance Minister Pravin Gordhan’s case, and he has once again refused to do what they demand. Let’s get up to speed.
Eish, things just aren’t working in our country’s favour at the moment – but hopefully our citizens aren’t as miserable as our economy is looking.
Earning a salary of over R100 000 per month places you in a very elite income bracket, especially in South Africa. Here are how the numbers stack up.
Junk status this and junk status that, right? Well perhaps this seemingly inevitable downgrade will not be the end of the world.
The Public Investment Corporation is looking into taking over shares in Absa, but what will it mean to the country if another investment goes wrong?
While Cape Town attracts A-list celebrities for casual holidays, prolonged stays generally mean they must be filming.
In an effort to keep our economic rating above that of junk status, a fund has been set up by both private and social sectors to ensure we’ll stay lekker.
The rand has suddenly increased against the dollar, and we’re all holding fingers that it will only get better. However, analysts sing a different tune.
Have you got some offshore accounts and want to regularise your affairs before the tax amnesty wears off? Here’s everything you need to know.
You may have heard those claims that black South Africans own just 3% of the country’s economy. These guys think that’s a load of bollocks.
Time to panic Jannie, pack the bags and book the first flight outta here. Or maybe not, because sometimes things must get worse before they can get better.
Man, South Africa’s financial climate is scaring away all the rich folk, and they are choosing countries that are pretty average, too.
There’s a new tax coming to town and it’s all about South Africa’s sugar consumption – here’s what you need to know.
With the 2016 budget speech come and gone, what does that mean for personal and income tax returns? We got you covered.
Finance Minister Pravin Gordhan delivered his budget speech yesterday and, although some may be a bit confused, check out our breakdown.
It’s time to spend all that crazy tax money, but first Finance Minister Pravin Gordhan will present his budget to Parliament.
South Africa may be suffering from a variety of financial woes, but our living expenses are the cheapest in the world.
Zuma’s statement to pay back a yet-to-be-determined amount of the 250 million he “owes” the state could just be another one of his ploys to win back some internal support in the ANC.