Financial Advisor
I have generally avoided the Zuma topic believing that Presidents good or bad, don’t really have a material effect on investing; that all changed in Dec when our President summarily fired the then Finance Minister and replaced him with a
Sir Franklin Templeton, one of the greatest investors of this century, is quoted as saying the four most expensive words when it comes to investing is “this time is different”. The current level of negative sentiment in SA is resulting
Subsequent to writing the article below, the President has announced a dramatic u-turn by appointing Mr Pravin Gordhan as the Minister of Finance. Mr. Gordhan is highly regarded having previously served as the Minister of Finance after Trevor Manuel. Mr
Reading the 1st interim report on estate duty by The Davis Tax Committee (DTC) reminds me of the joke re: a new simplified tax form with only two lines: How much money did you make? Send it to us! Judge
Is there a fiscal crisis in SA; this is a nice way of asking if SA is going broke? In my opinion there are sufficient signs to warrant concern. In 2008 SA domestic debt as % of GDP stood at