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.
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.
While Cape Town attracts A-list celebrities for casual holidays, prolonged stays generally mean they must be filming.
Rand makes comeback. Calls for Zuma to resign. Paris bombing suspect expected to sing. Heyneke Meyer is back. Trump backlash. Obama’s Playboy bunny dance partner. Swedish fart crime dismissed. Comic genius dies. Amber Rose emoji nails Cosby.
As we bare the brunt of the effects of our poor-performing rand by maintaing a fake smile for the influx of tourists that have decided to visit our shores, we just have to accept that at the moment, we’re kinda screwed.
Although we have our issues, South Africa has held its own in certain institutions. But with the recent replacement of Mr Nene, the independence of those bodies are being questioned.
South Africa’s economy experienced a contraction in the second term, but luckily, the third term’s GDP increased to save us from a plummeting into a recession.
In an unexpected turn, China devaluated its currency last week for unknown reasons – but some analysts just put it down to being August.
Are you afraid of the dark? Sorry for you. Eskom says the darkness will carry on for a good few years. You can either invest in a candle factory or go Off The Grid.
What a joy it will be to not have to fumble through your wallet or purse, sorting through your 84 000 credit cards, debit cards, loyalty cards and the odd piece of paper money…
The state of the South African economy is always a worry, and now we are waiting on our latest GDP figures amid rumours that we are heading into a recession.
Strict new visa rules issued by the department of home affairs for foreigners coming to work in South Africa is already causing damage to South Africa’s TV and film industry.
Monday served as a rude awakening to South Africans. South Africa is no longer the largest economy on the continent. Nigeria’s newly calculated GDP sits at $510 billion, way larger than South Africa’s $384 billion. Rather than feeling sorry about our deflated ego, take a look at how the two economies compare.
South Africa’s economy is experiencing an economic bubble similar to the kind that precipitated the downfall of Western economies in 2008. Even though the South African economy has received a bit of attention after the Rand fell considerably to the US Dollar, some analysts foresee a looming financial crisis in a couple of years for the emerging markets, including South Africa.
Statistics South Africa showed that the economy grew more than expected in the last financial quarter of 2013. The SA economy achieved a surprising 3.8% quarter-on-quarter growth, after the third quarter only showed 0.7% economic expansion.
For those of you who can’t be bothered to watch Obama’s 2014 State of The Union address, here are the key points: to hell with congress; Obamacare is here to stay, and…
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.
Click here to find out who succeeded as the happiest developed nation in the world…
A man made island of sail-shaped skyscrapers surrounded by tropical seas was billed to be China’s Dubai. But unlike Dubai, Phoenix Island has not been able to rise from the ashes. Property on Phoenix Island is considered a bad investment in light of the recent economic downturn. With China’s unstable economy proving to be crippling for the […]
By now you must have heard of Occupy Wall Street (OWS) – an ongoing series of demonstrations in New York, now famous for the slogan “We are the 99%”. But who are these people and what are they so upset about? Watch this entertaining, yet sobering clip for the lowdown in no-nonsense layman’s terms.
The New York protest movement, “Occupy Wall Street,” currently enjoying a crowd of 15 000 supporters, has inspired folk in San Francisco, Los Angeles, Seattle, and other cities around the United States to join in on the fun/outcry. Some level of police violence is being seen in all cases, with Seattle police forcibly removing all “occupation” settlements.
Many of us believe that South Africa is quite simply the best country to live in on the planet. But have you heard of the “misery index”? It’s a measure which takes into account a country’s unemployment and inflation rates. Here’s the list of the 15 most miserable countries in the world for 2011. Take a guess where SA ranks – it’s not cheerful.
So this is pretty cool! Sort of. If you find random bits of information that you can start awkward conversations with cool. And you should. You really should. The folks at The Economist put together a map of the USA that matches each state with an economically comparable nation, using GDP to measure. And we match with Maryland!