Exchange rates may seem like a distant concern, but their impact touches many aspects of our lives, from business operations to vacation expenses. Understanding the indirect effects of exchange rate fluctuations is crucial for both individuals and businesses alike. At…
As South Africa’s banking landscape undergoes dynamic shifts, the entry of new players heralds both opportunities and challenges for consumers and industry stakeholders. While the spotlight often shines on established brands like Old Mutual expanding into mutual banking, the transition…
To Our Valued Clients, Capitec Business has alerted us to some changes to the deal booking process which may affect you as a Capitec account holder. The reason being, they are striving to improve their payment processing timelines. Please note that…
In a move that solidifies trust and confidence in South Africa’s financial landscape, the South African Reserve Bank (SARB) launched the Corporation for Deposit Insurance (CODI) on 1 April, 2024. Designed to protect depositors in the event of a bank…
In recent years, the issue of global debt has become increasingly urgent, drawing the attention of leaders and policymakers worldwide. The United Nations (UN), alongside various international bodies, has sounded the alarm, urging for comprehensive reforms to address the looming…
In recent years, South Africa has witnessed a significant departure of its high-net-worth individuals (HNWIs), with thousands of millionaires bidding farewell to the country. The latest BRICS Wealth Report for 2023 sheds light on this concerning trend, revealing a 20%…
The latest tax revenue figures released by the South African Revenue Service (SARS) offer valuable insights into the state of South Africa’s economy and its implications for both financial markets and individual taxpayers. Let’s explore how these numbers impact various…
As South Africa prepares for its upcoming national elections, the economic landscape stands at a critical juncture. Elections, by their nature, introduce uncertainty, and in the case of South Africa, this uncertainty carries significant weight. With the elections looming, various…
South Africa’s economic landscape is currently marked by a complex interplay of factors, offering both glimpses of hope and shadows of concern. Let’s delve into the recent data and expert opinions to paint a picture of the nation’s financial outlook.…
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