Economy under pressure – jobs needed to grow

Latest inflation figures released The latest inflation data shows that South African consumers are likely to experience more pressure. Food inflation increased from 7% in January to 11.5% in July. On the positive side, Statistics South Africa indicated that the retail sector improved marginally, however still not as much as is needed to grow the economy.…

Local is still lekker

Economic update As predicted, South Africa is in fact not currently in a recession and this is good news for consumers as well as investors. We believe there are still promising local investment opportunities for investors who are bullish about local growth. The South African economy has recovered from a 1.2 percent decline in the…

Spring clean your budget

Spring has sprung and all around us everything from the trees and birds, to the early morning exercisers are active and on the go. Traditionally, this is also the time that many of us embark on spring cleaning rituals – be it organising cupboards, washing curtains after the August winds, or getting our gardens prepared…

Recharge and reorganise your budget

A drawer full of invoices and another of unopened bank statements, a pile of receipts in the car and another collection in your wallet – sound familiar? Many of us lack the structure and control to keep our financial records organised and secure. But consider you can’t manage what you don’t measure, disorganised financial records…

Pravin Gordhan, the rand and how investors should position themselves

With growing tensions caused by the Hawks’ allegations against Finance Minister Pravin Gordhan, everyone is uncertain about South Africa’s economic outlook. What would happen if Pravin Gordhan is accused and found guilty? American multinational banking firm, Goldman Sachs, said in an internal newsletter that the downgrade of South Africa’s economy is unavoidable and would most…