Are Stokvels still relevant?

SavingMatters - Finance By April 1, 2016 Tags: , , , , No Comments

 

Image: googleapis.com

Image: googleapis.com

By Qiniso Ntuli

Stokvels are said to make up a multi-billion rand industry in South Africa. Stokvels are a form of collective saving where the participants contribute on a monthly basis for one purpose or another.

Let us take a look at some of the different types of stokvels that exist. A stokvel can be rotational or cumulative. In a rotational stokvel, the contributions are paid to a member on a rotational basis, normally monthly. For example, where there are 12 members, each member gets their lump sum on a certain month. This type of stokvel is one we find rather pointless but we shall elaborate further later.

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Misfiring Cylinders

TheSpectator - Sport By April 1, 2016 Tags: , , , , , , , , No Comments
Image: mcl-2020.com

Image: mcl-2020.com

By Lunga Kupiso

The South African National Cricket Team touched ground at OR Tambo International Airport on March 29 2016 to happy wives, children and relatives. The players themselves were happy to be back at home for what will seem like a small break for most who have IPL contracts for the very lucrative Indian Premier League Tournament set to begin on April 9.

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Book Review: The 30th Candle

ReadAfrica - Book Reviews By April 1, 2016 Tags: , , , , , , , No Comments
Image: panmacmillan.co.za

Image: panmacmillan.co.za

 

By Simphiwe Rens

Book Review: The 30th Candle

Author: Angela Makholwa

Captivating, thrilling and delightfully dramatic, are but some of the attributes I found myself confidently attaching to this page-turner by South African author Angela Makholwa. The 30th Candle is a novel exploring the lives of four girl friends who each bring a wholesome and emotionally-capturing layer to the narrative that Makholwa simplistically yet so elegantly unpacks.

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Are you on track to meet your goals?

SavingMatters - Finance By March 24, 2016 No Comments
Image: dumblittleman.com

                                   Image: dumblittleman.com

 

By Qiniso Ntuli

It is three months into the new year and you are either still going strong in terms of your new year’s resolutions or you have discarded the new goals after a brief stint. One of the most common resolutions is attaining financial independence.

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SAFAring Football

TheSpectator - Sport By March 24, 2016 Tags: , , , , , , , , , , No Comments
Image: www.safa.net

                                               Image: www.safa.net

By Lunga Kupiso

Days after FIFA, the worlds Football Governing Body released a 22 page long document, addressed to the US Government for financial amends that the organization has lost through the ill-dealings of former executives (to date 39 defendants) who defrauded the footballing body of $ 198 million FIFA claimed.

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Modular housing –the “affordable home revolution”

GreenEnvy - Sustainability By March 24, 2016 No Comments
 Image: milk.com

                       Image: milk.com

By Dr. Zoe Lees

I have been researching prefabricated modular housing as a personal interest for possibly ten years now. As an “eco-design” junkie, I’m always looking for smarter design solutions that not only look beautiful but also make saving energy and other resources (like money!) both simple and convenient. I am also interested in compact living, and while we are undeniably spoilt in Africa to be blessed with lots of space, I have never understood the Americanized “bigger is better” mentality when it comes to homes.

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Xala by Sembene Ousmane

ReadAfrica - Book Reviews By March 24, 2016 No Comments
Image: amazon.com

                       Image: amazon.com

 

By Simphiwe Rens

Book Review: Xala

Author: Sembene Ousmane

For a book written in the 1970s, I will admit I was pleasantly surprised at how direct and strangely insightful this piece of literature is with its tackling of issues around human sexual relations and other marital issues.

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Were we snubbed by Tokyo?

TheSpectator - Sport By March 11, 2016 Tags: , , , , , No Comments

 

Image: herald.co.zw

Image: herald.co.zw

 

By Lunga Kupiso

Monday, the 29th of February 2016, marked the 1st official day in office for the newly elected FIFA President, Gianni Infantino, replacing the scandal-wrecked Joseph “Sepp” Blatter. Infantino won the votes of member associations at the special congress held in Zurich on the second ballot of votes after failing to win the first round of voting by majority, as stipulated in the FIFA elections guidelines.

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Pros and Cons of offshore investing

SavingMatters - Finance By March 11, 2016 Tags: , , , , No Comments

 

Gold Coins and plant isolated on white background

Image: Gold Coins and plant isolated on white background

 

By Qiniso Ntuli

Investors often ask the question, which is riskier, investing offshore or in one’s local stock market? In theory, investing offshore, say in a Global Equity Fund should be less risky when not taking currencies fluctuations into account. That is, the opportunity sets available in a Global Fund are far more than those that would be typically available in a local fund.

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