💸 Can a Currency Be Devalued?

💸 Can a Currency Be Devalued?

💸 Can a Currency Be Devalued?  OK, Tell Me More?Over the last few months, the media has been littered with articles covering the trade war between China and the US. Recently, Donald Trump has been calling China out for manipulating its currency, the yuan (CNY).   Hmm,...
How to Buy a Taxi? 🚕

How to Buy a Taxi? 🚕

OK, Tell Me More?As much as some drivers in SA hate them, Minibus Taxis are a vital part of our country’s economy.Hmm, Go On?Research shows that public transport accounts for 40% of the choice of transport in SA and taxis alone cover 66% of this with buses and trains...
What’s Wrong With Beer?

What’s Wrong With Beer?

What’s Wrong With Beer? OK, Tell Me More?Last week, Constellation Brands, the owner of Corona beer, announced that it would increase its investment in Canopy Growth – Canada’s largest medical marijuana producer. The deal, valued at ~R59.5 billion, will give...
What can I buy for R5?

What can I buy for R5?

What can I buy for R5? OK, Tell Me More?The recent major depreciation of the Rand to the USD, spurred by contagion from the fallout of the Turkish lira, has led consumers wondering what this means for their wallets. Hmm, Go On?The South African Reserve Bank’s...
A Saffa Buying Tesla for $70 Billion?!

A Saffa Buying Tesla for $70 Billion?!

A Saffa Buying Tesla for $70 Billion?! OK, Tell Me More?Elon Musk has proposed buying out Tesla in order to remove it from the stock exchange and rather own it privately. He’s also revealed that he might be receiving the backing of one of his major nemeses.Hmm, Go...
Why’s the Rand tanking?

Why’s the Rand tanking?

Why’s the Rand tanking?  OK, Tell Me More?Eish, the Rand has been in a freefall amongst other emerging market currencies. Yesterday, it reached ~R15.55/USD – levels last seen during Zuma era scandals. Hmm, Go On?Turkey has found itself at the mercy of its...