“At least 40% of all businesses will die in the next 10 years… if they don’t figure out how to change their entire company to accommodate new technologies.” John Chambers, former CEO of Cisco Systems)
Around the boardroom tables of the world, one thing is on every agenda – digital transformation. From global conglomerates to SMEs, leadership is keenly aware that […]
“Right now we have got a challenge because our growth levels are insufficient to be able to cope with higher levels of debt … I will have more on this in the February budget next month. I can tell you now, we are operating in a fairly constrained fiscal space so the message we are likely to put across […]
“It’s the profile of the most trusted individual, in a position of trust, like an accountant or bookkeeper. They usually never take leave, and someone who never allows anyone access to their system would go to the length of taking their laptops with them while they are on holiday so that they can continue working. They are usually caught in […]
“Marriage is the chief cause of divorce” (Groucho Marx)
This Valentine’s Day, think about the legal aspects of your romantic relationship. They’re a lot less exciting than the traditional declarations of love backed up by chocolates and flowers, but they’re just as important in ensuring a strong, committed life partnership in which both of you are clear as to how your […]
“No person shall without the prior approval in writing of the local authority in question, erect any building in respect of which plans and specifications are to be drawn and submitted in terms of this Act.” (National Building Regulations and Building Standards Act)
Here’s a nightmare scenario for a buyer – you move into your new dream home, and only then […]
A tale of two economies
US stock markets continued to gain momentum as January progressed, reaching successive new record highs in the second of half of the month as investor confidence in the central bank’s ability to engineer a soft economic landing and reduce interest rates increased.
That contrasted with South Africa, where the Reserve Bank’s still cautious stance on inflation and […]
Opportunity is missed by most people because it is dressed in overalls and looks like work.” (Thomas Edison)
According to the most recent Forbes 400 list, which names the richest people in America, hedge fund manager Ken Griffin is worth $35 billion. That makes him the 22nd richest person in the US.
He is also far from the only hedge fund manager that […]
According to the Cambridge Dictionary, a gambler is “a person who risks losing money in the hope of winning a lot more money.”
An investor, on the other hand, is defined as “a person who puts money into something in order to make a profit.”
Several pots on the boil
One of the biggest differences between investing and gambling is diversification. Investing allows […]
RAs: The big one
Retirement Annuities (RAs) offer significant tax breaks as contributions to the investments are tax-deductible, and the growth within the funds is tax-free. (No income, dividends or capital gains tax applies.)
You can contribute a maximum of 27.5% of your taxable income to retirement funding each year, up to a maximum of R350,000.
The other bonus is that Regulation 28 […]
Up to a quarter of all middle-class South Africans are reported to “moonlight”, that is to run a part-time side hustle or side business in addition to their full-time jobs. Some, it seems, go one step further and manage to hold down two full-time jobs simultaneously. No doubt the pandemic-accelerated […]
