Budget speech 2021: A summary

De Wet De VilliersLatest, Tax Tuesday

Minister Tito Mboweni delivered his annual budget speech on 24 February 2021. In the year following the outbreak of the Covid-19 pandemic, many expected the individual tax burden to increase to make up for increased government spending and lower year-on-year tax collections. However, in an effort to stimulate spending, government increased tax brackets above inflation ...

Podcast: Commodity super cycle?

Simon BrownJSE Direct, Latest

Simon Shares Interesting titbit from TigerBrands (JSE code: TBS) update "It is too early to conclude whether the lower consumer demand levels evident in the month of January reflect an even more challenging environment than what was experienced over the past year." Upcoming events; Weekly, Wednesday at 5.30pm ~ Follow the Trader 18 February ~ Everything ETFs ...

The 2021 Savings Challenge reboot

Njabulo NsibandeCash Club, Latest

In 2019, I started a savings challenge to save money on an incremental basis, starting with a small amount and slowly increasing it. The premise of the challenge is to start easy. This year, I’ve decided to switch it up a bit: I’m starting with the hard part, working the challenge backwards.

JSE Direct with Simon Brown

Podcast: Should I sell the bounce?

Simon BrownJSE Direct, Latest

Simon Shares Bitcoin* hits US$48,000 as Tesla declares they put US$1.5billion into the crypto. Platinum finally on the move and above US$1,200 for the first time since 2015. Platinum weekly chart Sibanye Stillwater* (JSE code: SSW) best illustrates the boom in mining profits. In 2019 they made R62million now 2020 they expect almost R30billion and ...

Retire: The new retirement laws explained

Carina JoosteLatest, Retire

Just over seven years ago, Pravin Gordhan, the then-minister of finance, tabled a proposal aimed at the governance, preservation and annuitisation of retirement funds. This formed part of harmonising the tax treatment of the different kinds of retirement funds. Collectively, these proposals are known as the T-Day reforms. This proposal is coming to fruition on ...