Wed, 12 December, 2018
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MONEY & BUSINESS

A lady holding a shopping bag with Christmas presents
We all dream of the festive season being a magical time – although sometimes that magic seems to run out early as our wallets empty way too fast. But there are ways to be smart about your festive spend so it stretches to make the magic last, says Richard...
Wide spread solar panels to generate solar energy.
Energy poverty in Africa is estimated to cost the continent between 2 and 4 percent of gross domestic product a year.This is according to the African Development Bank (AfDB), which is leading the Desert to Power Initiative, aimed at developing and providing 10 gigawatt of solar energy by 2025...
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The theory is about making money work for us instead of us working for money. The idea is about creating wealth flow through PASSIVE INCOME.Dhaval Bathia, renowned Mind Trainer, is the author of 5 international bestselling books that have been translated and published in 14 languages across the world....
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South Africa has been gripped by the events that have been unfolding in the past few months coming out of the State of Capture Inquiry. Some ministers have revealed some shocking occurrences and deciding to resign from their posts in government due to their testimonies. The Zondo Commission currently...
Port Elizabeth
With affordability and value for money key criteria for today’s younger generation of home buyers, the up-and-coming areas of Pinelands, Parsons Vlei, Salisbury Park, Fairview and Richmond Hill in Port Elizabeth certainly tick the boxes for this segment of the market. While buyers across the board are drawn to these...
JOHANNESBURG - The South African government needs to “bite the bullet” and bail out struggling state-run power firm Eskom, which has asked for R100 billion in government support, the chief executive of Rothschild & Co in South Africa told Reuters.Rothschild advised Eskom in 2008 when it last received a...
car insurance
Getting your first car? Insurance should be your first consideration. As the year draws to a close, one thing that many South Africans are hopeful for is a bonus or thirteenth cheque to supplement their spending over the December holidays. With the added boost of income, this is also the period...
Capital Spending Budget
Chevron plans to spend $20 billion (R282bn)  next year on oil and natural gas projects, the second-largest U.S. oil producer said on Thursday in a statement, its first increase in four years.Its 2019 capital spending budget is at the high end of an $18 billion to $20 billion per-year...
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In September this year, African Union and the European Union initiated the Africa-Europe Alliance for sustainable investment and jobs with the aim to boost investment in Africa, strengthen trade, create jobs and invest in education and skills. For more on the two continents’ economic relations CNBC Africa is joined...
Eskom
Bloated by debt, bled by corruption and battered by structurally declining sales, South African power utility Eskom is facing what’s known in the industry as a “death spiral”.And the Johannesburg-based company now poses the biggest credit risk to Africa’s most industrialised nation, according to S&P Global Ratings.More than a...
CAPE TOWN – Transnet's acting group chief executive Tau Morwe says management is hard at work rooting out corruption within the parastatal.The company is also in the process of recouping millions of rands from a Gupta-linked company, Trillian.Last month, Treasury reported on its investigation into irregularities in the appointment...
Anti-Corruption Day
Incidents of fraud are on the rise in South Africa, with statistics by the South African Fraud Prevention Service indicating that new fraud listings had increased by 56% in 2017. In light of International Anti-Corruption Day, which falls on Sunday 9 December 2018, all businesses should take some time...
Psyche-ward Green
If looking around your office at motivational posters from 1988, psyche-ward green walls and rows of people slumped at rows of desks makes you want to run screaming for the exits, don’t worry, help is at hand. Isla Galloway-Gaul, Managing Director of Inspiration Office, an Africa-wide office space and furniture...
doing business in africa
What exactly is the reality of doing business in Africa? Is the business environment filled with only crisis and conflicts or are there possibilities that could get even bigger with the rate of urbanisation, rising incomes and increasingly better governance practices on the continent? That is, is the glass-half-full...
Generation Z has the inclination to save money instead of spending it.
Every generation has their own unique approach to money and personal finance.Millennials, for example, found the journey to adulthood riddled with obstacles such as stagnating wage growth and uncertain economic conditions. These challenges, combined with other generational circumstances, helped to shape the group’s spending habits and attitudes towards money...

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