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Economics
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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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Most Valuable Brands: Woolworths Scrapes Into Africa’s Top 10 List
26 Oct 2020 by Carrie / No Comments
South Africa dominated in this year’s Brand Finance Africa 150 list, which measures the top brands on the continent.
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Ramaphosa’s Four-Point Plan To Fix SA’s Economy Panned
16 Oct 2020 by Jasmine Stone / No Comments
Turning South Africa’s economy around is going to take a Herculean effort, and it doesn’t look like Ramaphosa’s four-point plan is going to cut it.
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Doorbell Cam Captures Economist’s Reaction To Winning Nobel Prize [Video]
14 Oct 2020 by Carrie / No Comments
It’s hard to imagine how one should react when finding out that you’ve won a Nobel prize, but I didn’t see this coming.
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The ANC’s Recovery Plan “Looks Like It Was Written By An Intern”
12 Oct 2020 by Jasmine Stone / No Comments
Fear not – our best and brightest are hard at work to turn around South Africa’s ailing economy.
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Planning Your Financial Future? Consider These Seven Important Ds
08 Oct 2020 by Carrie / No Comments
One of the things that can make financial planning daunting is realising that there’s so much more to take into account than just saving.
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Women Earned Less And Made Up Two-Thirds Of Job Losses During Lockdown
02 Oct 2020 by Carrie / No Comments
The national lockdown pulled the curtain back on a number of systemic problems in South Africa, including the widening gender wage gap.
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SA’s Latest Unemployment Stats Are Out
29 Sep 2020 by Carrie / No Comments
The stats are out, with some surprising figures concerning unemployment in South Africa that require a little unpacking.
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Report Reveals Domestic Workers’ Average Salary During Lockdown
22 Sep 2020 by Carrie / No Comments
A new report exposes some hard truths about the effect of the national lockdown on the livelihoods of domestic workers.
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