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One of the benefits of being in the financial services industry for 43 years is that I can look back, as a participant, to the impact that legislation has had on our industry. Nowhere is that impact more visible — or more personal for so many South…
From Rosettenville to Ndlambe: How the professionalization of politics and the death of accountability turned public service into a corporate enterprise.
While the government was "punting" the then-new Tax-Free Savings Account (TFSA) with its modest monthly limits, it was penalising a massive, over-taxed industry that was doing the real heavy lifting for South African savers.
What is a Basic income grant?
A Universal Basic Income Grant (BIG) is a fixed sum paid monthly by a government to every citizen and legal permanent residents over the age of 18. It is unconditional, the means test is done away with, no unemployment…
An article on how poor education outcomes and lack of work experience drive South Africa’s unemployment crisis.
Competition makes capitalism work.
It pushes businesses to improve and cut prices.
Rules and the press help prevent abuse.
The article contrasts investing and speculation.
Investing builds wealth slowly; speculation seeks quick gains.
It recommends investing for long-term goals.
South Africa’s tax revenue grew strongly this year, helped by better SARS collection and compliance.
Most revenue still comes from personal income tax, VAT, and company tax.
The article warns that too much of the tax burden falls on a small group…
Latest Blog Post
One of the benefits of being in the financial services industry for 43 years is that I can look back, as a participant, to the impact that legislation has had on our industry. Nowhere is that impact more visible — or more personal for so many South Africans — than in medical aid.