News Page: 8

ECONOMY

Thursday, May 18, 2023

FINANCE

Dimensions of International Wealth


Understanding the hidden dynamics of wealth is a difficult task that requires a multifaceted approach. Understanding the top one percent of the world's population requires digging deep into issues ranging from geographical differences to global economic fluctuations.

Global Wealth Distribution


The wealth gap around the world is a complex picture. Each area has its own special blend of resources thanks to the interplay of h...

SOUTH AFRICA

Wednesday, May 17, 2023

ECONOMY

Understanding economic factors affecting the Rand


This article examines the South African rand's critical state. We analyse the rand's tipping point and predict its future as experts. Investors, businesses, and individuals in South Africa's complex financial world must understand these dynamics.

Rand's Economic Future

Exports
Trade balance determines currency strength. South Africa, a major commodity exporter, relies on global demand. Change...

SOUTH AFRICA

Tuesday, May 16, 2023

ECONOMY

A Comprehensive Analysis to the Rand's Weakness


The South African Rand, commonly referred to as ZAR, has been facing a wave of instability, leading to its significant weakening in recent times. The reasons behind this economic downturn are multifaceted and complex, ranging from global economic trends to local political events. In this in-depth analysis, we delve into the details of why the Rand is currently weak and offer expert insights into the broader economic landscape.

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SOUTH AFRICA

Monday, May 15, 2023

ECONOMY

How Load Shedding Impacts South Africa's Affluent Population

Introduction

In this article, we delve into the consequences of load shedding on South Africa's affluent population. Load shedding, a practice of controlled power outages, has become a recurrent issue in the country, affecting individuals, businesses, and the overall economy. While load shedding affects all South Africans, this article focuses on the unique challenges faced by the affluent citizens who are increa...

SOUTH AFRICA

Sunday, May 14, 2023

ECONOMY

South Africa's Economic Resilience: A Glimpse into Avoiding Recession

South Africa, a vibrant and dynamic economy, is demonstrating signs of resilience amidst global economic turmoil. With an array of contributing factors, there are strong indications that the nation might successfully dodge an impending recession, according to leading economists.

Unfolding the Economic Landscape of South Africa

South Africa boasts an economy that is predominantly characterized by ...

SOUTH AFRICA

Thursday, May 11, 2023

ECONOMY

Load Shedding and the South African Rand: Effects on the Currency


The South African Rand has fallen dramatically recently, hitting a three-year low. Increasing worries about load shedding are to blame for this drop, which has caused unease and uncertainty among investors and members of the general public. This article will examine the factors that have led to the devaluation of the Rand, discuss the effects of load shedding, and provide advice on how to proceed in the face of th...

SOUTH AFRICA

Wednesday, May 10, 2023

TAX

SARS Tightens Grip on Tax Compliance: A Closer Look at the Implications for Specific Taxpayers

Overview: The Changing Tax Landscape in South Africa

The South African Revenue Service (SARS) has recently taken significant measures to enhance tax compliance and improve revenue collection. With the new tax landscape, taxpayers in certain categories are facing increased scrutiny and challenges. In this article, we explore the implications of these changes for various taxpayers,...

SOUTH AFRICA

Monday, May 08, 2023

ECONOMY

South Africa's Economic Future: A Close Call Amidst Rising Challenges

Sustainable economic growth is needed in South Africa!

South Africa, a nation rich in resources and potential, faces an uncertain economic future as it grapples with a range of complex challenges. Despite a resilient spirit and an ambitious agenda, the country must navigate issues such as unemployment, inequality, and fiscal instability to secure a prosperous path forward. This article offers an in-depth...

KENYA

Monday, May 08, 2023

INVESTMENTS

Kenya's Ministry of Finance Introduces a Tax on Digital Assets in 2023 Finance Bill: An In-Depth Analysis


Overview of the 2023 Finance Bill and Its Impact on Digital Assets


Kenya's Ministry of Finance has recently proposed a tax on digital assets as part of the 2023 Finance Bill. The bill seeks to regulate and tax digital asset transactions, including cryptocurrencies like Bitcoin and Ethereum, as well as non-fungible tokens (NFTs). This move aims to generate reven...

SOUTH AFRICA

Monday, May 08, 2023

FINANCE

South African Mining Stocks Soar as Record Rand Gold Price Revitalises the Industry

A New Era of Prosperity in the South African Mining Sector


The South African mining industry has recently experienced a surge in mining stocks, driven by the record rand gold price. This unprecedented development has sparked significant movement in the market, with both local and international investors turning their attention to South Africa's gold mines. As global economic conditions ...