With 2019 rapidly unwinding, it is an opportune time to reflect on the year that was and to cast our eyes ahead to 2020. But first, let’s rewind to 2017, an uncertain and difficult year for South Africa’s economy. As we sat on tenterhooks to find out who would lead the ANC and the country,…
The step change in the Government fiscal numbers depicted in the Budget in Feb 2019 compared with those released in the MTBPS in Oct 2019 – only 6 months later – cannot be ignored Obviously the Moody’s credit rating announcement scheduled for tonight is a primary concern for the financial markets and SA’s inclusion in…
Despite some blonde global leaders recent efforts, the world is more open to emigration than ever before, capital knows no borders, and it’s increasingly common for the members of a mid to high-income South African family to be scattered around the globe. From the young professional working in Dubai for a few years before returning…
With more and more people formally emigrating from South Africa, many because they have been advised that emigration automatically terminates one’s tax residency in South Africa, it is worthwhile revisiting how one ceases to be tax resident in South Africa and the South African tax obligations of the termination of South African tax residency. An…
National Health Insurance (NHI), the Public Protector, Eskom, ANC infighting, Trump, Trade Wars, the Fed… the list goes on. These are all factors that have been impacting the rand of late and may continue to do so for the foreseeable future. The rand fell by 12% in 24 days from its intra-day low of R13.80/$ on…
With the change to the exemption for foreign-earned income coming into effect on 1 March 2020, many expatriates are being advised to financially emigrate in order to ensure that they are not taxed in South Africa on their world-wide income. Such advice is not necessarily correct and will depend on the factual circumstances applicable to…
Deep divisions within the ANC remain We survived the election and the second wave of turbulence surrounding President Ramaphosa’s Cabinet announcement. Does this mean that there are blue skies ahead? There will be some turbulence and it will now take different forms that a full Parliament and Executive is in place. The Cabinet provides some…
The election circus The election circus has come and gone with the advertising posters on light posts all that remains. There were lots of harlequins, clowns and jesters whose antics were neither funny nor entertaining. This may explain the disturbing 7.4% decline in voter turnout. Citizens were simply not amused. About 9 million eligible voters…
Ivor Sarakinsky has been Dynasty’s primary consulting political analyst for some years now, he teaches at the Wits School of Governance, has a PhD in Political Studies from the University of the Witwatersrand, and recently obtained his professorship. He has achieved much in his career — for example he was an expert for the ANC’s…
