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Highest unemployment rate in over a decade

Highest unemployment rate in over a decade

2 November 2017 · Isabelle Coetzee

The South African unemployment rate has reached a 13-year high at 27.7%, said Stats SA in their Quarterly Labour Force Survey (QLFR) on Tuesday. “Scarier than that, is that 39% of those who are unemployed have never worked, and those betw...

Motorists to brace for another fuel increase

Motorists to brace for another fuel increase

30 October 2017 · Danielle van Wyk

The past few months have been riddled with fluctuations in the fuel price index, with the past few months proving to dish out quite a few blows. According to the Automobile Association (AA) this month end is set to be no different.

Who can invest in a hedge fund?

Who can invest in a hedge fund?

29 October 2017 · Danielle van Wyk

Hedge funds used to be an exclusive asset class for the wealthy. But can the average person invest in them nowadays? And how else can one get exposure to them in South Africa? 

Mini-Budget: Gigaba’s ‘poisoned chalice’

Mini-Budget: Gigaba’s ‘poisoned chalice’

26 October 2017 · Isabelle Coetzee

Malusi Gigaba announced a revised economic growth rate of 0.7% for 2017, instead of the initial 1.3%, during his mid-term budget speech on Wednesday. Simon Stockley, who’s the managing director of Catalis Holdings and has a background in ...

Data breach affects millions of South Africans

Data breach affects millions of South Africans

26 October 2017 · Isabelle Coetzee

Last week it was established that the personal information of over 30 million South Africans had been publically available for at least seven months. Troy Hunt, who’s an Australian regional director for Microsoft, received a file from an ...

Which markets performed best over the last decade?

Which markets performed best over the last decade?

23 October 2017 · Isabelle Coetzee

South Africa is a volatile environment, with unexpected cabinet reshuffles, a series of downgrades, and erratic weather changes, ranging from flash floods to droughts – it’s no wonder local investors are eager to safeguard their mo...

Airbnb top among Brics countries

Airbnb top among Brics countries

23 October 2017 · Isabelle Coetzee

Out of the BRICS countries, South Africa received the largest amount of Airbnb guests from emerging economies, read a recent report. As a result, South African hosts have earned a total of $1.88 million in revenue from Brics-based guests, with w...

Discovery Life records R18.7 billion assurance claims pay-out

Discovery Life records R18.7 billion assurance claims pay-out

23 October 2017 · Danielle van Wyk

Discovery recently published their Discovery Life assurance claims insights for the period from January 2016 to December 2016. According to the insurer a total of 20 247 claims were paid over the period, amounting to R3.2 billion. This brings th...

Breaking the JSE monopoly

Breaking the JSE monopoly

19 October 2017 · Isabelle Coetzee

South Africa’s most recent stock exchange, A2X, announced it had successfully cleared and settled all the trades from its launch on 6 October. According to Brett Kotze, head of post trade services at A2X, “The successful launc...

Let’s talk about ‘Generation Rent'

Let’s talk about ‘Generation Rent'

18 October 2017 · Isabelle Coetzee

Unlike previous generations, millennials are disinterested in the stock market. According to Llewellyn Morkel, founder and CEO of ProsperiProp, millennials are not necessarily looking for safer options, but rather quicker returns.

Employee or freelancer? The taxman wants to know

Employee or freelancer? The taxman wants to know

16 October 2017 · Danielle van Wyk

There are many differences between being an employee and a freelancer, from potential perks like flexi working hours to the way in which you pay your tax. Justmoney takes a look at how important it is to make the correct classification for ...

Plan ahead: Best ways to spend your 13th cheque

Plan ahead: Best ways to spend your 13th cheque

12 October 2017 · Isabelle Coetzee

If you are one of the few who will still receive a 13th cheque this year, you might be wondering what to do with it.  “Though it may be tempting to spend your spare money on gifts, gadgets and treats during the festive season, ...

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