Many books argue that personal finance is rigged: hidden fees, confusing products, and sales pitches that favor the wealthy. For the lay reader, here’s a straightforward take on what this means, why it happens, and what you can do about it. What the claim is saying...
In recent times gold and Bitcoin prices have found record levels. Intrinsically, they are very different. Gold is tangible whilst Bitcoin is cyber. Both do have an element of scarcity which drives their prices Total gold in the world is 244 000 metric tonnes of which...
South Africa’s shift to a tighter inflation target—from a 3–6% band with a midpoint of 4.5% to a 2–4% band centered at 3%—has meaningful implications for the average household, especially around interest rates and the cost of living. The key idea is that a lower, more...
– What’s happening: Micro lenders in South Africa say the current interest-rate environment isn’t profitable anymore. Their funding costs and risk, plus rules meant to protect borrowers, make it hard to earn enough from small loans. – Why this hurts...
Some scammers in South Africa are getting really good at fooling people with emails. They pretend to be your boss, a colleague, or a trusted supplier, and they almost sound like they’re real. How they trick you – They send fake invoices or payment requests and...