Money makes money and these 10 people have made a lot of it over the years. These are the 10 richest people in the world today.

South Africa-born Elon Musk continues to extend his lead over France’s LVMH chairperson Bernard Arnault in the world’s richest person list.

With hours to go until the PowerBall and PowerBall Plus draw on Friday, 4 August, South Africa could welcome its newest multi-millionaires.

Our colleagues at The Outlier have just released their most affordable grocery basket for July. Each month, the data journalists visit South Africa’s biggest supermarkets and put together a basket of 12 typical household items and compare prices. Here’s what they found this time around … MOST AFFORDABLE GROCERY BASKET The results of The Outlier’s July grocery […]

We recently broke down the services fees of the 10 cheapest banks in South Africa. Now, we’re going to take an overview of these same entry-level accounts to find the most affordable banks in South Africa. ALSO READ: Important changes to SARS payment procedure As reported by Business Tech, embattled consumers are in debt like never before due […]

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is the new richest person in the world, having recently surpassed France’s Bernard Arnault. They are followed by United States’ Jeff […]

Last week, the South African rand displayed notable strength, surging against all 19 currencies monitored. The most significant gains were against the Swedish Krona (SEK) and the Australian Dollar (AUD). This performance has been impressive, especially considering the ZAR’s previous weakness in May. The recent rally indicates a remarkable rebound for the currency, which was […]

Reuters: The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during the second quarter, a sign rising interest rates are having an impact on the economy. U.S. DOLLAR STRENGTHENED The Fed’s quarterly Senior Loan Officer Opinion Survey, or SLOOS, which is […]

It’s not good news for embattled motorists, with a larger-than-expected August fuel prices increase taking effect at midnight tonight on Wednesday 2 August 2023. ALSO READ: THESE are the 10 cheapest banks in South Africa The Department of Mineral Resources and Energy has released the official August fuel price increase: 37 cents per litre for petrol, while there […]

If you’re thinking of making the switch to a new bank, these are the 10 cheapest in South Africa, according to Business Tech. That’s correct, embattled consumers are in more debt than ever before due to high food prices and inflation, so why are you leaching what money you have leftover to your bank through service […]

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is the new richest person in the world, having recently surpassed France’s Bernard Arnault. They are followed by United States’ Jeff […]

Reuters: The pound Sterling edged higher on Friday but hovered near two-week lows after a string of central bank decisions this week reinforced expectations that the Bank of England will not deliver another jumbo rate hike next week. BRITISH POUND STERLING EDGED HIGHER Sterling was last up 0.1% against the dollar at 41.2813 and up […]

Digital assets offer a way to store value that is not subject to inflation or political instability and also innovative technologies

Reuters: The dollar fell on Thursday after the Federal Reserve delivered what some expected to be its last rate hike, while market focus shifted across the Atlantic to the European Central Bank’s rate decision later in the day. U.S. DOLLAR FELL The Fed on Wednesday raised interest rates by a quarter of a percentage point, […]

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is the new richest person in the world, having recently surpassed France’s Bernard Arnault. They are followed by United States’ Jeff […]

Last week, the South African rand strengthened against all the top 19 currencies we monitor. The ZAR exhibited noteworthy strength as sentiment turned in its favor. South Africa’s inflation rate came in at 5.4% in June, down from 6.3% in the prior month. This was the lowest inflation reading in 19 months, with inflation falling […]

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is the new richest person in the world, having recently surpassed France’s Bernard Arnault. They are followed by United States’ Jeff […]

The 2023 tax season has been open for nearly a month now (since July 7) and filing for individual taxpayers runs till October 23 2023. I’ve you’ve misplaced your particulars and need to change your SARS eFiling username and password, here’s what you can do … CHANGE YOUR SARS EFILING PASSWORD AND USERNAME Perhaps the easiest […]

Reuters: The dollar clung to gains against the euro on Monday after recent economic data showed a stronger U.S. economy and a slowing euro zone as traders look beyond a trio of central bank meetings this week for clues to the outlook for monetary policy. U.S. DOLLAR CLUNG TO GAINS A closely-watched purchasing managers’ survey […]

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is the new richest person in the world, having recently surpassed France’s Bernard Arnault. They are followed by United States’ Jeff […]

Money makes money and these 10 people have made a lot of it over the years. And by a lot, we mean a LOT! The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is the new richest person in the world, having recently surpassed France’s Bernard Arnault. They are followed by United States’ Jeff […]

Reuters: Sterling takes a beating as it struggles to recover from a sharp fall on Thursday following UK inflation data that undershot market expectations, while the dollar regained its footing after a steep decline last week that analysts said was overblown. U.S. DOLLAR GAINS, STERLING TAKES A BEATING In Asia, markets also had their focus […]

South Africa’s President Cyril Ramaphosa joined learners in Qunu who were part of national and continental Mandela Day coding tournaments. There were around 70 sites across all nine provinces, as well as other African countries, with over 10,000 learners participating. The national event was organised by Tangible Africa, a partnership between Nelson Mandela University and […]

South Africa’s inflation dropped to the lowest level in 20 months in June, slipping back within the central bank’s target range, official data showed on Wednesday. Annual consumer price inflation slowed to 5.4 percent last month, down from 6.3 percent in May, national statistics agency StatsSA said in a statement. The drop was the steepest since […]

Reuters: The South African rand gained strongly on Tuesday, with one analyst saying it had looked undervalued after year-to-date losses and citing support from rising prices for precious metals, a key South African export. SOUTH AFRICAN RAND GAINED At 1550 GMT, the rand traded at 17.8550 against the dollar, about 1% stronger than its previous […]