What Big Mac Prices Around The World Say About SA’s Spending Power
When figuring out a daily liveable budget for overseas, you might use the Big Mac price comparison method. Here’s a nifty table showing what you need to know.
Rand Tanks As Zuma Orders Gordhan To Return Home Amidst ‘Reshuffling’ Fears
Uh, oh, we’re in trouble. Just as we were taking slow steps to increase the rand’s worth against the dollar, Zuma just had to intervene.
Thursday Morning Spice
Rand on 10-month high. Mandela shot by police. Facebook fights ad-blockers. China Tesla auto-pilot crash. Tom Cruise’s sad situation. Kanye no genius: Paul McCartney. Blitzbokke Olympic success.
Guys, The Rand Is Making A MASSIVE Comeback – Check This Out
The rand has been in something of a tail spin for a while, although the plucky underdog now seems to be fighting back.
The Rand Is Tanking Dramatically Against The Pound
Bad news for all those travelling to the UK any time soon – the rand is taking a beating and this time it doesn’t look like it’s coming back.
The Effect Of Nelson Mandela’s Death On Markets – Let’s Have That Chat
It may appear crass that the likely imminent passing of Madiba is viewed with an eye to possible investment outcomes but in death, as in life, this great man will surely affect us all.
Zuma Tells The World That Strikes Are Normal, The Rand Cruises Past The R10/Dollar Mark
Zuma addressed reporters this morning at the Union Buildings in Pretoria on the general state of the economy, and government’s plan of action to stabalise the mining sector. Following the speech, the Rand slid from R9,71, to over R10 to the US Dollar, this afternoon.
Strong Rand Makes US iTunes A Bit Of A No-Brainer
I’m not sure if you caught the live financial indicators on the right-hand side of the page, but the Rand is absolutely KILLING it against the US Dollar. At the current rate, I’m renting movies from the US iTunes store at R26 a shot – and some of them haven’t even hit the circuit here in SA. Let me show you how.