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Finance
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Christo Wiese Implicated In Massive Tax-Dodging Scheme
19 Jul 2018 by Nereesha Patel / No Comments
Billionaire Christo Wiese has allegedly been caught up in a tax evasion scheme, that saw him skipping out on paying SARS a small fortune.
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Steinhoff’s Latest Financial Report Was A Bloodbath
02 Jul 2018 by Jasmine Stone / No Comments
Everyone knew the company’s interim report was going to paint a bleak picture, but few expected it to pack such a punch.
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These 12 Families Control A Cool R15 Trillion
29 Jun 2018 by Nereesha Patel / No Comments
Add up the wealth of the world’s 12 richest families, and you’re left staring at a lot of zeros. Here’s who they are and how they made it.
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It’s Turning Into A Nightmare Year For Christo Wiese
20 Jun 2018 by Nereesha Patel / No Comments
Things are looking rather bleak for the embattled billionaire right now, after another company in which he holds stock took a massive hit.
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How R50 Can Turn You Into An Investment Mogul
19 Jun 2018 by Jasmine Stone / No Comments
Sometimes I pretend to be on the phone, talking about big deals and share sales, just to feel important. Shouldn’t have bothered, because getting involved is pretty simple.
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The Walls Are Closing In Around WP Rugby
15 Jun 2018 by Kiernan / No Comments
Western Province Rugby’s financial woes have been in the news for a while now, but this week the screws have really tightened.
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Let’s Enjoy SA Twitter Taking The Piss Out Of The Petrol Price Hike
07 Jun 2018 by Nereesha Patel / No Comments
The rising cost of petrol is giving everyone grief. But where there is anger and despair, there are also Twitter memes to cheer us right up.
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How The SA Construction Company That Built FNB Stadium Lost More Than 99% Value In 10 Years
30 May 2018 by Nereesha Patel / No Comments
Shares prices for one-time construction giant Aveng have dropped to an all-time low, and it looks less likely that anyone will be able to get them out of this fix.
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It’s Not Looking Good For The ‘Wolf Of Wall Street’ Right Now
17 May 2018 by Nereesha Patel / No Comments
Jordan Belfort is now a household name around the world, which makes it kind of tough to shirk some of his responsibilities.
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Mark Shuttleworth Had A Very, Very Good 2017
15 May 2018 by Nereesha Patel / 1 Comment
It might have been a mediocre 2017 for some of us, but not for Mark Shuttleworth who pocketed bars upon bars in the past year.
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Steinhoff Scandal Takes Down Its First Hedge Fund
13 Mar 2018 by Sloane Hunter / No Comments
After Steinhoff’s shares came crashing down in December, it was only a matter of time before more dominoes tumbled.
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Here’s Eusebius McKaiser Tearing The Budget Speech A New One
22 Feb 2018 by Jasmine Stone / No Comments
Eusebius McKaiser isn’t one to mince his words, and it’s clear that he wasn’t a fan of yesterday’s Budget Speech. Also, y’all see Gigaba quoting Kendrick Lamar?
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Mail & Guardian’s Infographic Explains The Budget Quite Nicely
22 Feb 2018 by Jasmine Stone / No Comments
Yesterday afternoon saw Finance Minister Malusi Gigaba deliver his first budget speech, and his efforts were always going to be met with a mixed reaction.
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WATCH LIVE: Malusi Gigaba Delivers The 2018 Budget Speech [Video]
21 Feb 2018 by Sloane Hunter / No Comments
Delivering his maiden budget speech, all eyes will be on Malusi Gigaba. He must now explain how South Africa intends to fill that R50 billion budget hole.
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A Few Staggering Stats About Eskom And Your Pension Fund
12 Feb 2018 by Jasmine Stone / No Comments
You’ve seen Eskom’s in the kak once again, but some of the numbers being thrown around are out of this world. They could have serious ramifications for all of us.
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South Africa Has A New Dollar Billionaire
11 Jan 2018 by Jasmine Stone / No Comments
When your net worth reaches a billion rand you’re doing just fine, but to play in the big leagues you’ll need a billion greenbacks. Now there’s another South African on that list.
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How Much The Inventor Of Bitcoin Is Now Worth
18 Dec 2017 by Jasmine Stone / No Comments
It’s cool that you own one 200th of a bitcoin, and you can now add investor to your Instagram bio, but the person behind it all is doing just a touch better.
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Think Your Mate’s Obsessed With Bitcoin? Get A Load Of This Guy [Video]
14 Dec 2017 by Jasmine Stone / No Comments
For some dabbling in bitcoin is just a bit of fun on the side, but for some the obsession can become a little unhealthy. This chap has gone too far.
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How Does Online Forex Trading Work?
14 Dec 2017 by Reinhardt / No Comments
Chances are you’ve heard about forex trading, and someone you know is probably trading online right now, but how does it actually work?
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They Reckon Bitcoin Could Hit $50 000 In The Next Three Weeks
08 Dec 2017 by Jasmine Stone / No Comments
It’s the cryptocurrency that everyone is talking about, and we do mean everyone. Now might just be the time to fully commit, because the next few weeks are crucial.
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Christo Wiese Just Lost R32 Billion In A Day
06 Dec 2017 by Jasmine Stone / No Comments
If you’re a little down in the dumps today, and are just clinging on until the end of the week, then consider the shocker that Christo is having.
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This Tax Year Is Going To Be A Nightmare For SARS
05 Dec 2017 by Sloane Hunter / No Comments
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.
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Priced To Sell – Here’s a Private Island For Just R25 Million
24 Nov 2017 by Seth Rotherham / No Comments
Yes, that is South African Rands. Now anyone who has taken a cursory look at the FT Weekend’s property section will be well aware of how inexpensive that price tag really is. You know, in REAL terms.
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A Few Stats About Zim’s Economy That Show Just How Badly Mugabe Butchered Things
17 Nov 2017 by Sloane Hunter / No Comments
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.
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Bitcoin Had A Pretty Mental Weekend – R64 900
15 Aug 2017 by Sloane Hunter / No Comments
Damn. South Africans are hopping on the bitcoin train, and this weekend saw the famed cryptocurrency smashing all kinds of records.
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Two-Minute Guide On Bitcoin And How It Works In South Africa [Video]
26 Jul 2017 by Jasmine Stone / 1 Comment
Pretty much everyone is talking about the wonders of Bitcoin, and whether or not now is the time to invest. If you’re feeling out of the loop, here’s a handy explanation.
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Orania Is About To Change The Way It Does Business
17 Jul 2017 by Jasmine Stone / 6 Comments
Orania isn’t exactly known for embracing the future, given that they’re basically an Afrikaner outpost clinging to the old days of apartheid. This might surprise you though.
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Our Public Protector Is (Still) Having An Absolute Shocker
11 Jul 2017 by Kiernan / No Comments
Busisiwe Mkhwebane is quite clearly a fish out of water, and has no idea what powers our Constitution grants her office. That, or she is singing for her supper.
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The Simple Mistakes Costing South Africans Millions When They Retire
06 Jun 2017 by Jasmine Stone / No Comments
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.
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A Timeline Of How Our Finance Minister Couldn’t Keep It In His Pants
16 May 2017 by Jasmine Stone / No Comments
Finance Minister Malusi Gigaba has been a rather naughty boy in years gone by, and these past few weeks things have really unravelled.
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