This week’s News Flash does not include much on current affairs, focusing instead on the highly topical and contentious subject of taxing wealthy individuals. As we show in our headline article for the week, a wealth tax is not a new (nor a necessarily good) idea, but it is one that has gained traction in…
Given South Africa’s structural inequalities, historic injustices and high poverty, taxing the rich to uplift the poor is an idea that resonates with many stakeholders in our society. It’s thus unsurprising that the debate about whether the government should introduce a wealth tax has flared up again at a time when there’s an urgent need…
At current levels, the Rand provides a good opportunity for externalising funds The Rand exchange rate appears to be benefiting from a rare range of positives that are likely to continue over the next 3-6 months. Importantly, this does not mean that Rand is expected to strengthen substantially further in the weeks ahead, but it…
