– On The Ordinary South African There is a massive gap in the country’s finances, to put it bluntly. South Africa has an R48-billion hole in the fiscus that needs to be filled, and part of Finance Minister Malusi Gigaba’s solution in the previous 2018 Budget speech was to push up value-added tax (VAT) by […]
This week , S&P cut South Africa’s long-term foreign currency debt rating to one notch below investment grade. The local currency rating was also cut but remains investment grade. The outlook was kept as negative: Long-term foreign currency rating cut to BB+ from BBB- Long-term local currency rating cut to BBB- from BBB Below is […]
At the end of 2001, more than four times as much money was invested in local equity unit trusts as was held in multi-asset funds. Over the past 15 years however, this has reversed dramatically. There is now more than twice as much money held in balanced funds as there is in pure equity unit […]
The average price to buy a house in South Africa right now South African property tracker ooba has released its latest oobarometer for the third quarter of 2016, showing that property prices have climbed almost 6% year on year. However, prices have dropped quarter on quarter, declining 3.3% from Q2. “When adjusting for inflation, house […]
