The Layman
Business | Economics | Politics
Business
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Read time:
3–5 minutesGet ready for a bumpy ride ahead – VAT increase, stealth tax and rising electricity prices
Read More →: Get ready for a bumpy ride ahead – VAT increase, stealth tax and rising electricity pricesSouth Africans are about to face several financial challenges in the coming months as taxes and tariffs increase. The biggest concern is that the proposed increase in VAT (value-added tax) has distracted people from more pressing issues. Not only will…
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3–5 minutesTough times ahead: Some useful money-saving tips
Read More →: Tough times ahead: Some useful money-saving tipsIt takes a no-brainer to realize that South African citizens have a poor savings culture. A large portion of their disposable income is consumed in debt repayments. This is also evidenced by the relatively high ratio of household debt to…
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Read time:
3–5 minutesRand Manipulation: Some Far-Reaching Currency Impacts
Read More →: Rand Manipulation: Some Far-Reaching Currency ImpactsWithout getting into the facts of the matter, currency manipulation has far-reaching effects on the major economic participants such as consumers, businesses, and the government. Some important aspects to note about this topic are stated below. Simply put, the Rand…
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4–5 minutesThe economy-wide effects of higher petrol prices
Read More →: The economy-wide effects of higher petrol pricesThe Automobile Association of South Africa recently announced an increase in petroleum prices, citing the combination of a weaker rand and an increase in the international Brent crude oil price. This is the third consecutive increase in petroleum prices in…
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Read time:
5–8 minutesA Dialogue with Young Business Leaders – Meet Tlou, Dineo and Sithembiso
Read More →: A Dialogue with Young Business Leaders – Meet Tlou, Dineo and SithembisoHow did you generate your business concept? I was inspired by an article I read on the high unemployment rate in South Africa as well as the opportunities provided by the hospitality industry. Thus, upon completing my matric studies, I…
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Read time:
2–3 minutesHow Does A Reduction in the Repo Rate Affect You?
Read More →: How Does A Reduction in the Repo Rate Affect You?When the Repurchase rate (hereafter – repo rate) is reduced, individuals and firms who hold or seek repo-linked loans benefit the most. A reduction in the repo rate simple means that the cost of borrowing has declined. Thus, anyone who…
Baneng Naape
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