Generational wealth is a concept that has been reserved for a select few in South Africa. Notable families such as the Motsepe’s, Rupert’s and Oppenheimer’s have amassed generational wealth through investments in businesses across all different spheres. For the majority of poor to middle class citizens living in South Africa,
According to Niq Mhlongo, author of “Black Tax a burden or Ubuntu”, the term Black Tax was coined in the year 2000. It is a term that refers to a mandatory payment borne by Black middle-class citizens in assisting the individuals that aided them in their quest for economic opportunities.
January… you cannot mention the month without cringing at the idea of early mornings, weight gain and most importantly a tight budget. The moment the euphoria of the December holidays wears off, queue in the hangover that is January. Increased spending in the month of December can be attributed to
Millennials, people between the ages of 23 and 38 are some of the most risk averse individuals in modern day investing. With the fountain of youth and a vast variety of investment opportunities, millennials maintain a conservative approach to risk and investing. A study done in 2014 by the Brooking
The informal sector is a necessary feature in even the most industrialized capitalist economies in the world. Its’s impact on the economy has either been overlooked or frowned upon by economic analysts and commentators alike. Notably, the demeanor of researchers can be likened to the bourgeoisie as depicted by Karl