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…
DetailsAt 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…
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Whilst 2020 will undoubtedly go down in history as the year of the Covid-19 pandemic, we suggest that 2021 will be the year of the vaccine. This week’s news covers articles on the unprecedented and sheer logistical scale of the global vaccine roll out. Yet poorer emerging markets are likely to lag behind their wealthier…
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“Trilemma” is a term in decision-making theory. Unlike a dilemma, which has two solutions, a trilemma offers three equal solutions to a complex problem. However, the options of a trilemma are conflictual because of mutual exclusivity, which makes only one option of the trilemma achievable at a given time. From an investment perspective, there is…
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The polarisation of Americans by an autocratic leadership and a lack of bipartisan politics will be one of the most unfortunate, enduring legacies of the Trump presidency. Newly elected President Biden’s inauguration speech on Wednesday was underlined by a call for unity, in that to restore the soul and secure the future of America, this…
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