South Africa’s wealthiest business leaders continue to command enormous fortunes, with the country’s eight richest individuals worth a combined $43.2 billion (around R700 billion), according to the latest Forbes Real-Time Billionaires List. The ranking highlights the continued concentration of wealth among entrepreneurs and investors with major interests spanning luxury goods, diamonds, mining, banking, media, financial […] More
Pensioners are the first to suffer when the cost of living rises. On a fixed income and with fewer employment options, pensioners don’t have many ways to make money. Given the current state of the economy, will pensioners have enough money to survive 2027? Calculating Pensioner Inflation According to Statistics South Africa (Stats SA), pensioner […] More
On March 25, 2022, South Korea’s new crypto reporting rules coincided with an unusual reversal: Bitcoin traded at a discount of about 3.2% on Korean markets relative to dollar-denominated global prices. The episode showed how quickly the local price gap can change when regulation, liquidity and investor confidence move in the same direction. Four years […] More