Consumers in South Africa shrugged off macroeconomic headwinds to remain optimistic about their financial prospects in the third quarter of 2022, according to consumer credit reporting agency, TransUnion.
A portion of South African employees are managing to win the retirement savings battle by making the right investment decisions. This is a positive indicator that the retirement savings crisis isn’t all doom and gloom.
There has been a spike in people leaving big metros across South Africa, but not everyone wants to move out of the city to conventional suburbia - instead, they are opting for a "middle neighbourhood."
South Africa’s central bank governor urged the government to stick to its plan to reduce debt, as the National Treasury prepares to deliver its medium-term budget policy statement next week.
Data from the Organisation for Economic Cooperation and Development’s (OECD) latest 2022 taxing wages report shows that the average personal income tax in South Africa is relatively low compared with the rest of the world – but the devil’s in…