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…
Understanding the Exodus of Millionaires from South Africa: Trends, Implications, and Future Outlook
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…