Economy

There goes the rand… Yet Again

As South Africans, we have this amazing ability to come up with catchy terms for big events that take place in our country. But just as the USA is running out of female names for hurricanes, it seems that we will also be running out of terms to label local catastrophic events soon, especially when […]

Markets & Equities

The differences between SA Multi-Asset Income Funds and Money Market

If we take a look at the following incorrect statements made by individuals over the years, one thing becomes clear, and that is that no single human being is perfect: “While theoretically and technically television may be feasible, commercially and financially I consider it an impossibility, a development of which we need waste little time […]

Economy

Winners do not always go hand-in-hand

I’m sure that most people are familiar with the saying about something going hand in hand with something else. Let’s use a cycling team in the Tour de France (TdF) as an example. A team consisting of Peter Sagan and Mark Cavendish simply wouldn’t make sense, because their goals for this year’s TdF, and their […]

Economy

High unemployment figures make for a miserable country

In 1962, well-known American economist, Arthur Orkun, found that a 1% rise in unemployment figures had an approximate 2% adverse effect on the country’s GDP. He developed the Misery Index by adding the US unemployment rate to the inflation rate, the result of which should point out just how miserable the country is. The higher […]