How South Africans can save in other currencies

How South Africans can save in other currencies

It is getting easier and easier for anyone to protect your money from rand fluctuations and invest offshore. In fact, international saving is now so simple that you can put funds away in one of several currencies just by clicking a few buttons. Absa clients can now...
Paying the taxman

Paying the taxman

Tax season – the period during which you are required to submit your annual income tax return – started on 1 July and is now in full swing so I thought it would be interesting to look at how long we work for the taxman in South Africa, metaphorically speaking. If we...
Is there still value in global equities?

Is there still value in global equities?

While the appetite for global exposure among South African retail investors is undoubtedly on the upswing – fuelled by a combination of rand weakness and a greater need for diversification – many are concerned that several global asset classes currently appear...
The economics of taxation

The economics of taxation

At a time when many South Africans are advocating the merits of increasing taxes to fund our excessive fiscal deficit, Sandy McGregor explains the interrelationship of taxation and growth. The rise of big government An efficient tax system is a necessary feature of a...
How to protect and grow your Stokvel

How to protect and grow your Stokvel

Saving is often the last thing on our minds when we have extra money and can seem daunting. But have you considered investing as part of a group? Globally various informal social savings clubs exist and have proven to help encourage saving in these countries, proving...