Tuesday Morning Spice
NPA alleges cover-up in chief Albert Luthuli’s death, Parents describe their children’s Roblox problems, Crimes against humanity charges stand against Cosas 4, Mcebisi Jonas appointed special envoy to US, and The creep of money dysmorphia – and why you think you’re poor when you’re not.
Are We Headed For A VAT Increase?
“Government plans to squeeze more out of taxpayers to fund a projected R300 billion shortfall”.
Death And Taxes: How Deceased Estates Are Taxed in South Africa
It will take more than death to hide from SARS, so when someone passes away in South Africa, their estate will inevitably become subject to Estate Duty, a tax applied to the value of the assets they leave behind.
South Africa Is Home To The Most Billionaires On The African Continent
South Africa is the wealthiest country on the African continent according to Henley & Partners Africa Wealth Report for 2023
’Tis The Season To Be Spending: One In Three Gift-Givers Go Into Debt For Christmas
Even when gifts are taken out of the equation, the cost of enjoying a well-deserved holiday with the family usually leaves families with little or no savings come January.
From Millions To Bust: Al Pacino Joins The Ranks Of Stars Hit By Financial Woes
Once worth $50 million, Al Pacino reveals how lavish spending, financial neglect, and a fraudulent accountant led to his downfall—joining a growing list of stars who’ve seen fortunes fade.
Elon Musk Under Fire Over $1 Million Offer To Voters Who Sign Petition – “Dark Money Is Flowing”
Musk has wholeheartedly entered the presidential race now, having already given Trump’s campaign a whopping $75 million boost earlier.
Why Underestimating The Income Of The Top 1% Hurts Everyone
Many people consistently underestimate the income of the top 1%, and this misconception has far-reaching consequences.
The Insane Amount Of Money People Throw Into Rome’s Famed Trevi Fountain
Trevi Fountain was made famous by Italian film director Federico Fellini, who set the famous “La Dolce Vita” scene there.
IEC Records R170 Million In Party Donations As South Africa’s ‘Born-Free’ Generation Dismiss Democracy As A Pyramid Scheme
Political parties have struggled to sell their dream of a better South Africa to young people who don’t seem to have enjoyed the fruits of the much-lauded democracy.
Warren Buffet Finally Reveals The ‘Secret’ Company He Invested R124 Billion In
Buffett’s company had ‘shielded the position’ from public knowledge as it was building the stake, requesting ‘confidential treatment’ from the SEC in previous filings.
We Will Have The World’s First Trillionaire Sooner Than You Might Expect
We could have our first trillionaire in 10 years, but at current rates, it will take 230 years to end poverty.
Tuesday Morning Spice
International bank calls it quits in South Africa, Gen Z doesn’t care if influencers are actual humans, Spacey Unmasked review, Hamas accepts Gaza truce proposal, and Boeing calls off its first astronaut launch because of valve issue.
Banks Are Expecting Interest Rates To Stay Higher For Longer
Although now seems like the perfect time to panic, now is NOT the time to panic.
Redditors Debate The Meaning Of Money After Someone Posted A Pic Of An Entrepreneur’s OTT Superyacht
“Sometimes you may be so rich that money loses meaning.”
Woe Is Us! The 2024 Budget Speech Might Have A Few Bombshells Tomorrow
The 2024 Budget Speech falls right before a national election, which makes it even harder for the minister.
Why A Woman Won $187 Million In A Lottery But Lost Her Entire Family
This is probably one of the more stark and poignant tales of how money cannot buy you happiness.
South Africans Seriously Need To Learn How To Manage Their Money And Build Their Budgets
More and more of us are feeling like we’re living a champagne life on a beer salary – even if that means we’re still settling for beer – which means it’s time to budget big time.
What The Record Petrol Price Increase Means For South Africa’s Interest Rates
Economists warn that record diesel price hikes may exert upward pressure on inflation, potentially affecting the interest rate outlook.
ATM Glitch In Ireland Let People Withdraw Huge Sums Of Money They Didn’t Have [Video]
The Bank of Ireland quickly realised something was afoot when there was increased activity at several of their ATM’s and police were dispatched to the cash machines to stop people from exploiting what likely became an expensive glitch for the bank.
You’ve Probably Never Heard Of These Five Super Wealthy People
Us plebs might not have heard of all the world’s wealthiest people, but you can bet your bottom dollar that they push the buttons of global influence just like the tech bros who are household names.
Capitec Data Shows That South Africans Are Getting Poorer
And we’re not even talking about Tuesday when Capitec clients opened their accounts on payday only to find a heart-and-gut-wrenching bank balance of R0,0.
Easy Come, Easy Go – Stories Of Big Lottery Winners Who Totally Blew It
Let these optimistic binge-spenders be a cautionary tale if you ever suddenly find yourself with deep pockets.
An Oregon Driver Made It Rain On Highway, Tossing Equivalent Of R3 Million Out His Window [Video]
Is this what the new midlife crisis looks like?
Worried About The Future? We Look At Some Of The Best SAFE Investments In SA
As tempting as it may be to invest in your brother-in-law’s ‘foolproof’ scheme that resembles a trapezoid (it’s not a pyramid!), you may want to speak to someone outside of your family circle when it comes to your financial future.
New Study Says Money CAN Buy You Happiness
A recent study has shown what people in Ferarri’s have known forever – money can buy happiness.
Keen To Crack SA’s Top 1%? Here’s What You Need To Pull In Each Month
Globally, if you want to rank among the top 1% of earners, you need to be pulling in serious dough. In South Africa, the world’s most unequal society, that’s not exactly the case.
Why They Reckon A Global Recession Is Coming
The last global recession in 2009, dubbed The Great Recession, began when the American housing market went from boom to bust.
Five Ways To Start Saving For Your Future Right Now
Trying to save money can be a daunting prospect. The hardest part is actually getting the ball rolling because once you see your savings start stacking up it can become a little addictive.
Ja, So People Are Investing In Emojis Now [Video]
A new marketplace has emerged from the depths of the internet, with people spending vast sums of money on emojis.