Category: Business

Long before the turmoil of Covid-19, South Africans were already facing tough financial struggles as a country. With the added pressure of lower incomes because of salary cuts – or no income at all in some cases – it has become an even bigger challenge to make sure our money stretches to the next payday. […]

Over the last couple of months, the topic of investing offshore has created quite a buzz. We have been faced with the question of whether or not investors should be “cashing in” their savings and investing everything offshore countless times. Although times are tough and confidence is low in South Africa, investors must remember to […]

Rapid urbanisation exacerbated by the effects of Covid-19 on an already contracting economy has placed significant strain on metropole housing requirements. The informal housing rental (or backyard rental) sector is transforming as it expands, and utility management is key in the new landlord-tenant relationship. “According to a report for the World Bank, more than 13% of […]

Even as COVID-19 halted the longest economic expansion on record and plunged the world into deep recession, South African investors expect to make an average annual total return of 12.67% – almost 2% higher than the global average predicted returns of 10.9%. This was revealed in the recently released Schroders’ Global Investor Study 2020 – an […]

South African investors have had a challenging time in financial markets, largely due to lacklustre returns from local equities. This is at a time when global equities have done well, and post-apartheid South Africa is going through possibly one of the most challenging times from a political and economic standpoint. The news flow has been […]

Figures for the country’s production released this week by Statistics South Africa paint a grim picture of the local mining industry. Production output for the second quarter shrank by 73,1%, the third most affected by the global pandemic, after construction at 76,6% and manufacturing at 74,91%. And this was coming off a relatively low base: […]

The sky is indeed the limit for South Africa’s bold and innovative entrepreneurs, as TikTok – the leading destination for short-form videos – in partnership with The Gritti Fund, the world’s first purpose-driven and happiness-focused investment fund, today launch the innovative and daring Pitch Up in The Sky – the world’s first elevator pitching event of its kind. Pitch […]

The SARB is expected to hold the repo rate next week, despite over a third (36%) of economists on Finder’s repo rate panel calling for a rate cut.  Nine of the eleven panellists (82%) are forecasting a hold and just two (18%) – economist at Rand Merchant Bank, Mpho Molopyane, and professor of economics at […]

Many women who have spent years studying and then working their way up the career ladder will know all too well the feelings of anger and frustration at being openly flirted with by male colleagues, being called “babe” or “sweetie pie”, having their bottoms patted “playfully” as they walk past, having to listen to sexist […]

Crippled by debt and struggling to make ends meet is a fair way to describe life for thousands of South Africans at the moment. In fact, the Reserve Bank has reported that the household debt to income ratio stood at 73.7% for the first quarter of this year. This is a staggeringly high number as […]