Category: Business

It’s well known that people are shopping online more than ever before – but a seismic shift in South Africans’ shopping behaviour is expected to be underlined in the next two months as Black Friday sales are expected to exceed festive season sales for the first time.  Debbie Law, Retail Sector Head at RMB, said: […]

Three million jobs have been lost this year. By end-June, youth employment had dropped a staggering 12 percentage points to just below 16%. If job losses persist, we will have lost a decade’s worth of job growth in only six months. Findings from the Harambee Mapping of Digital and ICT Roles and Demand for South Africa […]

Bidorbuy, one of South Africa’s largest online shopping and auction marketplaces, has strengthened its shipping offering with an easy-to-use facility that will source quotes from leading courier companies and offer the most competitive rate at the time of shipping. The platform, called bidorbuy Shipping, is made possible through a partnership with uAfrica.com, a technology company […]

We are living in unprecedented times for many reasons, and the effects of the Covid-19 pandemic on the medical industry as a whole have been significant. For medical schemes in South Africa, the pandemic has highlighted the need for adequate cover. However, at a time when the unemployment rate is higher than it has ever […]

Forty-three leading global investors from Africa, Europe, US and the Middle East have signed up to participate virtually in the 8th Angel Fair Africa on 5th November 2020. The investors are from Angel Africa List (AAL), Africa Venture Capital and Private Equity Association (AVCA), America Capital Association (ACA), Women-In-Capital (WIC), Viktoria Business Angel Network, Brightmore […]

With a week to go until the US presidential election, will Joe Biden’s lead in the polls be enough to convince investors that Donal Trump is poised for defeat? Many think not. After all, the polls notoriously got it wrong four years ago when Trump beat Hillary Clinton. As Sean Markowicz, Global Strategist, Schroders explains, […]

The short answer is yes, but it is a little more complicated than that, as there could be benefits too. Contrary to popular perception, prescribed assets are not a process by which Government takes a portion of your retirement funds and the fund value drops. Instead, it is a requirement by Government for an institution […]

Market volatility, a weakening rand, and a steep Gross Domestic Product (GDP) decline of 51% in the second quarter of 2020 are just some of the reasons why South Africans are increasingly looking to expand their international investment footprint. An integral part of including offshore assets into a portfolio is the relevant estate planning that goes with […]

According to the National Development Plan (NDP) for 2030, it is projected that small, medium and micro enterprises (SMMEs) will contribute 60-80% of South Africa’s gross domestic product (GDP) and will unlock an estimated 90% of the 11-million expected new jobs. However, the impact of COVID-19 on the country’s economy, small businesses and subsequently the […]

The South African economy was almost on life support before Covid-19 and lockdown struck.  Coronavirus has left mass economic devastation in its wake and South African investors have been hard hit. Many investors had already externalised funds to mitigate the erosive impact of SA’s ailing economy.   But what about those who are only now looking at investing […]