Beating your own inflation

BEATING YOUR OWN EXPERIENCE OF INFLATION The latest inflation number in South Africa was at a very low, coming in at 2.8% year-on-year. This is the lowest inflation reading since June 2020 where we were in the grips of the Covid shutdown and constrained supply chains....

The wealth of a Nation – South Africa

THE WEALTH OF A NATION – SOUTH AFRICA In the delivery of this week’s Medium Term Budget Policy Statement the Finance Minister, Mr Enoch Godongwana, made some revisions to the South Africa GDP growth forecasts.  Whilst he mentioned that the National Treasury had...

The power of compounding

THE POWER OF COMPOUNDING Warren Buffett is often recognised as the world’s best investor. His net worth (despite having given large parts of it away to charity) is estimated to be in excess of $140bn. Yet more than 99% of his wealth was generated after the age of 50....

The first step in wealth creation

THE FIRST STEP IN WEALTH CREATION I grew up in a household that didn’t have a lot of conversations about finances.  It was a typical household in that my father was the main bread winner, and my mother would do all the shopping.  They must have spoken between...

You and the two-pot system

YOU AND THE TWO-POT SYSTEM Last year we wrote about the forthcoming Two-Pot retirement system which was said to revolutionise South Africa’s retirement savings industry. At that stage we felt that it was a great idea but there was a lot of uncertainty about how it...

Why economic policy matters

WHY ECONOMIC POLICY MATTERS The weakening of the Rand and the decline in the stock market as the 2024 General Election results started filtering through, shows just how aware the market is of the future direction of the economic policies within South Africa. The two...