73Economists have revised their expectations for GDP growth down to 1.0% in June, down from 1.5% in February. South African economists taking part in the Economist of the Year competition have lowered…
Category: Business
Do you really still need a bank account?
75 Digital wallet use grew by 9% in 2023 alone, with adoption increasing across urban centres and townships alike as fintech becomes woven into daily life. Do you really still need a…
Only 8% of women are confident about retirement
79 Employers, trustees and policymakers must work together to ensure than women can save more to be more confident about retirement. In an age where women should be equal to men in…
Be aware of the different types of tax assessments
88 And understand the correct procedures should a dispute with Sars arise. The South African Revenue Service (Sars) was granted additional powers to implement the estimated assessment functionality where value-added tax (Vat)…
Warning for South Africans buying cars via online auctions
65 ‘These sophisticated scammers create convincing fake accounts that use WesBank branding, purporting to be official representatives selling bank auction vehicles.’ Many people in South Africa opt to buy second-hand cars for…
Limpopo megaproject sued over “stolen” rocks
66 A subcontractor on the multi-billion-rand Musina Makhado Special Economic Zone (MMSEZ) project removed R12-million worth of white rock, used to build roads, from a private property without permission. The state-owned company…
Bad news for meat lovers in South Africa
68 Meat has become the biggest driver of food inflation. The outbreak of foot-and-mouth disease (FMD) in South Africa has led to a significant increase in meat prices over the past three…
How to be a savvier saver and investor
54 National Savings Month is an initiative to promote healthier financial habits and encourage households to save. National Savings Month is almost over. Some consumers learned how to save, but how many…
who really pays for NHI?
72 Both the poor and the wealthy will have to pay for NHI. It will not be as free as government makes it out to be. Do you think the working class…
local politics and US tariffs coming next week
84 While inflation remained low in June, the picture can change from 1 August if the US tariff on South Africa remains at 30%. It was another busy week on the local…