Analyses, market trends, and global economic updates.
Former Eskom CEO has penned a blistering assessment of the ruling party’s practices that have severely affected South Africa’s economy. Truth to Power, written by Andre de Ruyter, is not the first book to shed light on South Africa’s political and economic problems under the ANC. However, it hits close to home because of...
Let’s just get this out in the open: if you’re young and reading this, you’ve had a huge financial head start. According to respected money expert Kamogelo Mosime, getting a head start on your investment process is crucial. I’ll explain why. You Have Time on Your Side The greatest rule of investing is “get...
There is rising concern that the United States may impose sanctions on South Africa as a result of the country’s support for Russia throughout the conflict in Ukraine, which has exacerbated political tensions between South Africa and the United States. Everyone in South Africa, from the country’s affluent tech magnates who control multinational corporations...
The decision to restructure Eskom’s management team, made by Eskom Chairman Mpho Makwana, appears to have paid off for the state-owned power company. Recently, the position of Chief Operating Officer was eliminated, and Makwana claims this choice is “paying off” by reducing the load on the struggling energy provider. The strongest proof of this...
South Africa has accepted China’s offer of 66 GW of solar and wind power equipment for use in government facilities. The fight against load-shedding in South Africa will receive a significant boost from this. This move is part of a larger effort to foster more energy cooperation between the two nations. The first China-South...
In a country where many young people are struggling with debt and a lack of financial education, one young entrepreneur is showing that age need not be an obstacle to making a difference in these areas. This businessman is young. Paulvia Shiburi, founder of PS Debt Management, is a beacon of hope for the...
As a lifestyle entrepreneur in South Africa, I’ve observed first-hand how the entrepreneurial landscape has transformed over the years. One significant contributor to this transformation is the emergence of tech incubators, which have become a catalyst for small business success. The digital revolution has paved the way for countless innovative ideas, and in a...
South Africa must act swiftly or risk losing significant domestic and international investments. Duncan Wanblad, CEO of Anglo American, was quoted by TimesLive as saying that the failing infrastructure in South Africa, especially load shedding and Transnet’s troubles, was frustrating to investors and business leaders. According to Wanblad, who spoke to Business Day at...
Nonjabulo Sikhakhane, despite the difficulties, has created a thriving financial literacy startup called Mboma Financial Services. She encountered bias and scepticism as a black woman in business, but she persisted and grew as a result. She wants to help other young businesswomen in South Africa by divulging her keys to success. Here are three...