Magnificent Seven come tumbling down
The Magnificent Seven stocks (Apple, Amazon, Google-parent Alphabet, Nvidia, Facebook-parent Meta Platforms, Microsoft, and Tesla) have been responsible for the lion’s share of the US bull market in equities since late 2022. So much so that a new term has made its way into market parlance: “bad breadth”. It refers to the fact that only a […]
The Consumer Protection Act 68 of 2008 (CPA) establishes a broad and comprehensive scope for consumer protection. Its purview includes developing and maintaining a consumer market in such a way as to ensure fairness, accessibility, effectiveness, sustainability and responsibility for the benefit of consumers” (Extract from judgment below)
You drive your brand-new car home, eager to take the family out for […]
Today, we celebrate the life and legacy of Nelson Mandela, a towering figure whose unwavering commitment to justice, equality, and human rights has left an indelible mark on the world. Born on July 18, 1918, in the small village of Mvezo in South Africa, Mandela’s journey from rural beginnings to global icon is a testament to the power of resilience […]
“We can in fact change the world and make of it a better place.” (Nelson Mandela)
Rolihlahla Mandela was born into the Madiba clan in Mvezo, Transkei, on 18 July 1918. He was given the name Nelson by a teacher on his first day at school. Affectionately known as Tata, grandfather of the Rainbow Nation, Mandela is best remembered for successfully […]
“One must learn to give up momentary, uncertain, and destructive pleasure for delayed, restrained, dependable pleasure.” (Sigmund Freud)
What is the marshmallow test?
The test was devised by Walter Mischel, a Stanford University psychology professor, in the 1960s. While the test has undergone many tweaks over the years, at its essence it is exceedingly simple. Mischel would put a marshmallow in front […]
These technological developments would have seemed far-fetched and science fiction a brief few years ago.” (Extract from judgment below)
It’s an important question – the invalidity of an affidavit could sink even the strongest case, so it’s vital to get this right. Of course, it’s always tempting to cut corners where you can on the commissioning side, and perhaps you urgently […]
GNU 2.0 the best possible outcome for investors
South Africa’s second Government of National Unity in three decades heralds good things to come for the country and investors. Financially speaking, it is the best outcome we can hope for in a challenging political environment.
Dominated by the ANC and the Democratic Alliance, the GNU 2.0 has brought 11 of the 18 parties […]
It’s high time they legalised cannabis” (Anon)
Much excitement has greeted the signing into law of the Cannabis for Private Purposes Act, which will formally regulate the cultivation, possession, and use of cannabis by adults in a private setting and, says the Presidency, lays the groundwork for regulatory reforms “to allow for the industrialisation of the cannabis sector.”
But although the new […]
The International Day Against Drug Abuse and Illicit Trafficking is a United Nations International Day against drug abuse and the illegal drug trade. It is observed annually on 26 June, since 1989. The date June 26 is to commemorate Lin Zexu’s dismantling of the opium trade in Humen, Guangdong, ending on June 25, 1839， just before the First Opium War […]
Youth Day in South Africa falls on June 16. It commemorates the 1976 student uprising in Soweto, where young people protested against the Bantu Education Act and apartheid laws that oppressed black South Africans. During this demonstration, heavily armed police fired on the students, resulting in tragic loss of lives. Since 1994, National Youth Day has been observed annually to honor their […]
