Escaping The Rabbit Hole

How To Escape The Rabbit Hole.   Firstly we must understand what money is. And than move on to escaping the rabbit hole of fiat currencies failing us in future. Due to their zero intrinsic value and failure to store value, for the purpose of capitalizing on appreciation. This includes us understanding, how fiat currencies […]

The Rabbit Hole

We are bound to see it this way. It is almost second nature for most of us to use these two words, “money and currency”, interchangeably. And I must say it is a fair perspective for us to have. Because we are normally taught in circular education and the society at large, to see both […]

Naspers and Prosus deal closes the JSE

In a day marked by a big share swap deal between Naspers and Prosus, Africa’s largest stock market experienced record-breaking trade volumes which resulted in a delay of trade the following day, today. “Significantly high trading volumes yesterday, 17 August 2021, due to large corporate actions, including a record day of value traded in Equities, […]

Economites Economic Club – 2021 South Africa Budget Framework

On the Tuesday, 4 August 2021, National Treasury’s Deputy Director-General on Public Finance, Dr Mampho Modise presented the 2021 Budget Framework to the Economites Economic Club. Download the budget framework presented: https://drive.google.com/file/d/1R2PBweQEowiseZk61miM-Jeno_St6XBU/view?usp=sharing The Overview of the framework is as follows: The 2021 Budget is framed by the two policy objectives set out in the 2020 […]

Daily Indicators


Sim Wealth

Company Overview SimWealth was founded with the intent of changing the financial landscape for anyone who is trying to better their financial situation. We stand for making financial planning simple. The accessible and informative solution based nature of the company creates a platform where financial services has no bounds. We are here to create solutions […]


Finance Results


Bell Equipment bounces back

Bell Equipment Limited announced and released its unaudited interim results for the period ended 30 June 2021. The percentage change in performance represents a percentage change in performance compared to the 30 June 2020 financial year. For the interim period ended 30 June 2021 the Bell Equipment group has recorded a profit after tax of […]

The World Bank Group

The World Bank Group revised South Africa’s 2021 GDP growth outlook from 2.6% to 3%. As the world continues to recover from COVID-19, the GDP numbers largely reflect a rebound reaction from a low base. The forecast is conservative compared to the South African Reserve Bank which forecasted a 3.3% expansion and the National Treasury […]


Articles


Can you afford it?

To watch the contents of this article on video, click the link: https://www.youtube.com/watch?v=JAhwW98YEPo&t=136s “Just because you can buy it doesn’t mean you can afford it” is a statement uttered by one of my friends in a conversation I participated in. And yet, when we make financial decisions, they are purely based on whether we can […]

Individualism vs Collectivism

There are many definitions of Individualism and Collectivism. For this article, these are the definitions that I opted to use as they best drive the point across. Individualism is when one has a habit or principle of being independent or self-reliant, whereas Collectivism can be seen as the opposite; one having a habit or principle […]

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