The quote above is what Jehan Chu, managing partner at blockchain investment and advisory firm Kenetic Capital in Hong Kong, recently said about Bitcoin.
What made him say this?
Well, last week Donald Trump continued his ‘tariff tantrum' by adding 10% tariffs on another $300 billion in Chinese imports, starting 1 September.
China retaliated by asking state buyers to halt American ag... ››› more
Since the introduction of e-tolls, they've received fierce criticism from motorists around Gauteng.
Today, the deputy president Cyril Ramaphosa announced changes to the e-tolling system.
So what are these changes? And how will they affect you?
Read on to find out…
E-tolls will be cheaper
Since the introduction of e-tolls onto Gauteng’s freeways at the end of 2013, there has b... ››› more
Yesterday, the National Energy Regulator of South Africa (NERSA) announced that it will reveal its decision on Eskom's request for another tariff hike.
Eskom has already implemented tariff hikes this year, though some of these don't come into effect until 1 July.
If the new tariff hike request gains approval, it will see consumers coming under further strain.
Let's take a closer look at w... ››› more
Yesterday, the Minister for Trade and Industry announced the hike of tariffs for imported chicken. But will the step be enough to protect the South African chicken industry? The European Union (EU) is exempt from the tariffs due to an agreement between the EU and SA. And it looks like the consumer will pay the price. Let's have a closer look…
An increase in the duty on chickens imported into S... ››› more
Earlier today, the Minister for Trade and Industry, Rob Davies, announced that tariffs on imports of chicken were increasing with immediate effect. The government has taken this step to try and protect the South African chicken industry. The industry is struggling to compete against cheap imports. But, it looks like it means the consumer will ultimately pay more. Let's take a closer look at the li... ››› more
Earlier today, Rob Davies, the Minister of Trade and Industry, said the government has raised the tariffs on chicken imports. This increase will take effect immediately. The local chicken industry is suffering as it struggles to compete with cheap imports. Let's take a closer look at what's going on…
Rob Davies says that the government has raised import tariffs “by an average of 8.75%,” re... ››› more
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