As both employee and employer, you have to pay more in Social Security, but there are deductions that can help lighten the tax burden. Continue reading…
Finance Minister Malusi Gigaba has told Parliament the Treasury’s damning report on Eskom’s coal supply agreements with Tegeta Exploration and Resources had been mistakenly marked as “final” and had to be withdrawn. The Treasury sent the report to the standing committee on public accounts, but now said it had not been finalised, according to Gigaba’s.. Continue reading…
Another week like so many others in 2017. Little volatility, little movement – even with a slew of big name earnings. This certainly is a strange atmosphere just from the lack of volatility over many many months alone. However companies seem to be doing well enough: With slightly more than half of S&P 500 components.. Continue reading…
The average four-person South African household should pay R290 a month for electricity, yet Eskom is charging them roughly R1,200, says a lobby group. Now Eskom is seeking a 20% tariff increase from the National Energy Regulator of South Africa (Nersa). Energy analysts have described Nersa, which starts its public hearings into the proposed tariff.. Continue reading…
Whilst it is hardly a fair comparison, given that ANC had the whole world, the mass media and all its money behind them, and NP had all the world and its money and mass media against them, Ed Herbst, using his 49 years of covering the South African story, makes some telling comparisons and observations on.. Continue reading…
On June 16, in front of a crowd of young people in Ventersdorp for Youth Day, President Jacob Zuma turned to unusual material: he quoted from Shakespeare’s Julius Caesar and Macbeth to make a point about self-making. He might not be formally educated — “not a single teacher in South Africa can claim he ever.. Continue reading…
This past week represented so many of the weeks of 2017; slow action with a bit of an upward skew. Monday, Tuesday, Thursday were sleeping – and minor gains Wednesday were offset by small losses Friday; in the end we had small gains for the week! Rinse, wash, repeat. For the week the S&P 500.. Continue reading…
LONG TERM TREND BEARISHINTERMEDIATE TERM TREND BEARISHSHORT TERM TREND NEUTRAL/BULLISHVERY SHORT TERM TREND BULLISH We noted in our last.. Continue reading…