Pretoria on MyPR: Investing and Trading for 2023: Where to for South Africans?: South Africa finds itself emerging from the Global Epidemic and investors have struck a triple whammy of headwinds: A cost-of-living crisis, high inflation resulting in a 350 basis point increase in the REPO rate, and an ailing electricity supply which is hindering economic growth. How the country navigates itself out of this storm will lie in strong economic policies, political will, and a modicum of global …
investing
How property investing can chip away at the wealth gap
Pretoria on MyPR: How property investing can chip away at the wealth gap: Wealth Gap Photo: Supplied by client The wealth gap is growing and shows little sign of abating, and what’s more, the COVID-19 pandemic has fuelled this inequality further. According to Oxfam, from March 18, 2020, to December 31, 2020, global billionaire wealth increased by $ 3.9 trillion (USD), while millions of average people – those not part of the extremely wealthy 1% – faced job losses, salary freezes and other …