Within one year, 19 new political parties have been registered with the Independent Electoral Commission on a national level. In light of the elections is May, Moxima Gama looks at all the parties involved and explains all the political frenzy surrounding them.
South Africa’s deficit is now larger as a percentage of gross domestic product and the market’s leniency towards emerging economies with deficits has come to an end. The South African Government will have to reduce spending growth significantly to reduce the deficit to internationally acceptable levels, writes Old Mutual’s Dave Mohr
Financial literacy is sorely lacking in the local environment. However, says 1LIfe’s Laurence Hillman, overcoming financial illiteracy requires people to take responsibility for their actions, which in turn calls for constant engagement to understand the risks and rewards of proper financial management.