Mabhalane
@LungaMrhetjha
Nyabela
The Credit Rating Market is dominated by 3 players, S&P Global, Moody's and Fitch. They control approximately 95% of the credit-rating market. But there are concerns of bias against Africa. We unpack this plus the proposed African Credit Rating Agency patreon.com/posts/credit-r…
The SA funeral industry is a large sector worth an estimated R10 bn revenue and also has an annual growth rate of 2%. In this article, we unpack it in detail as the popular form of insurance is funeral insurance, with around 60% having funeral cover. patreon.com/posts/look-at-…
With Trump implementing a 30% tariff increase against SA, question is who will be affected the most by US tariffs? Will it be the 30k citrus workers or the automotive sector among others? Or will the US customer subsize by paying more (cost passed to end user)?
In SA, about 10% of the waste generated is recycled. The rest is either mismanaged or it ends up in landfills. Waste picking is premised on some people being so wealthy that they end up throwing away items that can still be re-used or sold, while those in poverty recycle this…
If we say the retirement age is 65 but by 60 our parents have already had enough, imagine what the money they get in those 5 years could do for the youth seeking employment if the evil govvy didn't impose penalties for those who want out at 58 or atleast 60? Just do the math 💔
A total of R57 billion has been withdrawn since the two-pot system came into effect. With so much money already gone, in this article we try to examine what the future holds for the country since only 36% of South Africans have a retirement fund and only 7% of retirees feel…
Iran is the Cuba of the Middle-East. The Global Capitalist Establishment is still upset about the 1979 revolution that led to the overthrowing of the Pahlavi dynasty. Iran also refuses to be an Arab colony for Israel-US like its other neighbours.
Gentle reminder: govt spending is financed by money creation through an act of parliament. Not printing, borrowing or taxes.
In February 2020, Tyme Bank launched a partnership with the biggest African- initiated church in Southern Africa, ZCC. The bank now has a valuation of $1.5 billion (R26.5 billion), after a series D funding that raised $250 million. In this article, we look at the cozy…
Money for Mainstream Renewable Power, EDF Renewables, Acciona Energia, Globeleq, Scatec, and Patrice Motsepe's African Rainbow Energy and Power (AREP), Not forgetting the Energy Exchange of Southern Africa, which Rupert's RMB has a 25% stake in.
The National Dialogue, which I don't like and don't agree with, might actually yield positive results, as the people's voice can resonate loud enough. The wastage is there by outsourcing. In 2021/22, govt spent more than R15 bn on contractors, consultants etc. This FY alone,…
The Zondo Commission was a dialogue, it cost R1 Billion. The National Dialogue will cost R700 Million. Money for conversations, not for building schools, clinics, RDPs, or factories and call centres. The ANC government also recently added R26 Billion to SA's debt. THE ANC 🤮!
Government has allocated R569 million for spending on business process outsourcing for this current financial year. Companies like Mckinsey get paid millions every year just to do consulting work. In this article, we look at the practice of outsourcing, pillar #3 of the EFF…