This afternoon, the Department of Energy announced a hefty hike in the price of petrol and diesel.
This is thanks to a rising oil price and a weak rand. But what's making it even worse is the additional fuel levies the finance minister announced at the budget last month.
Let's take a closer look at how much more you're going to pay at the start of April…... ››› more
Once you find the home of your dreams, the next stage is submitting an Offer to Purchase to the seller. The offer to purchase contains all the terms and conditions of the sale.
There are some vital aspects that you need to include.
Read on to find out what these are…... ››› more
Instead of picking individual shares to trade, you can opt to trade indexes instead.
If you think an index is going to rise, you can place a long trade. If you think an index is going to fall, you can place a short trade.
And you can use index trading to hedge your portfolio against a market fall.
Let's take a closer look at index trading using spread trading…... ››› more
This week, there has been a lot of coverage of an alleged Ponzi scheme that could affect investors of South African unit trusts.
The allegations surround a South African fund manager, Cobus Kellerman, and his involvement with Mauritius-based Belvedere Management.
This has resulted in many investors worrying about the security of their investments.
So what's going on? And are these investments at risk?
Let's take a closer look…... ››› more
This morning, Eskom announced that it sacked around 1,000 workers who embarked on a one-day strike at its Medupi power plant.
The workers are not employees of Eskom, they're employed through contractors.
Let's take a closer look at what happened…... ››› more
Today the rand is trading around its closing levels from last night.
Following the release of the interest rate decision by the Reserve Bank governor yesterday, the rand weakened.
Let's take a closer look at what's going on…... ››› more
In October 2014 I warned investors reading my MoneyMorning column against investing in three specific JSE listed penny stocks.
Of those three Evraz Highveld Steel lost 66% of its value, you'd be lucky to sell the shares in Chempsec if you hold any.
And Firestone Energy is nearing bankruptcy…
It's closer than ever to close its doors. And still I get investors asking me whether they should buy the share.
That's why I'm warning you against it today.... ››› more
Yesterday, the South African Reserve Bank announced the outcome of its monetary policy committee (MPC) meeting.
The central bank opted to leave its repo rate unchanged. This led major banks to leave their interest rates unchanged too.
Let's take a look at the reasons behind the Reserve Bank's decision…... ››› more
There are a number of reasons why buying silver makes sense. It has strong fundamentals supporting this.
On the other hand, there are also reasons why the worst may not be over for silver.
Let's take a closer look at what's going on and why it could be time to buy the precious metal…... ››› more
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