The Personal Savings Allowance (PSA) was launched on 6th April 2016.
Mzansi’s been downgraded to junk status and things are going to get worse before they get better, but there are ways of minimising the impact at home.
Busisiwe Mkhwebane is the gift that keeps on giving, yet nobody wants to receive.
Has the young Public Protector reached beyond her mandate?
Another brilliant edition of South Africans On Social Media!
As the nation officially goes down in the world’s estimation (anyone surprised?), the Twitterati were all fired up and fuming.
South Africans have zero chill.
Now there’s something that’s bound to turn a few frowns upside down.
By now everyone has had some time to digest the Budget Speech, and specifically how the R28 billion increase in the tax burden that largely falls on individuals will impact us.
For many wealthy individuals and families the beginning of the year serves as an opportune time for personal introspection making it the ideal period to review financial goals and strategies for dealing with the challenges of growing and preserving wealth in a volatile economic climate.
It’s never an easy one and there’s no way Pravin Gordhan could have made everyone happy, but there were a few points we thought you should take a look at.
A lot more goes into the making of South Africa’s final national budget than many people realise. The process involves extensive legalities designed to ensure public oversight.
Not even yesterday’s antics could shake the strengthening Rand.
Things are looking a little better.
With stalled economic growth and threats of credit rating downgrade, South Africa’s 2017/18 budget will need to dig deep to foster recovery.
Good news if you find yourself in a spot of debt, the South African Reserve Bank has decided not to change the repo rate, for now.
The basics of investing are easy — perhaps easier than you might think. In recent months, we’ve covered a broad range of investment topics such as “Timing the market” and “Understanding your financial personality”.
According to latest ‘Big Mac Index’, the Rand should be trading at less than half of what it’s currently at.
The whole economically-aware population of South Africa is celebrating that the three main ratings agencies held off on junking the country’s financial reputation in the past two weeks. I am celebrating too. But a closer look is needed.
Two of the world’s major ratings agencies, Moody’s and Standard & Poor’s (S&P), will release their credit ratings reviews of South Africa shortly. The third one, Fitch, is expected to release theirs soon, although no date has been given.
Some pretty clever folks believe we’re about to see a comeback as the Rand does the impossible… kick the downward trend and start clawing back territory.
An inter-ministerial committee (IMC) set up to establish whether there was any wrongdoing on behalf of the banks when they decided to cut the Guptas off, has recommended a judicial inquiry into SA’s largest banks.
Want to know why South Africa needs Gordhan and why experts are so concerned about the latest assault on the finance minister? Well, have a look.
In order to maximise returns, does it make sense to exhaust contributions to Retirement Annuities before starting to invest in tax-free savings products?