Treasury missed its own GDP growth forecasts in nine of the last 12 years
There’s a very real cost to these mis-estimates. From Moneyweb. Budget planning is based on these mostly erroneous forecasts. Image: Shutterstock Our finance ministers have an abysmal record when it comes to forecasting. In nine out of the last 12 years they have...
Is it possible to become financially independent on a McDonalds’ worker wage?
Book review: Author David Parker believes it is – because he did it himself. From Moneyweb. Image: Andrey Rudakov/Bloomberg We’ve all read stories of waiters and bell hops dying and leaving behind a fortune secreted away after a life of toil. “Why can’t a young couple...
Bulletproof vests and bodyguards – Eskom under siege
The death threats have filtered down to power station level, as saboteurs and crime gangs run amok. From Moneyweb. Eskom is spending about R3.2bn a year on private security, due to sabotage and criminality inflicted on its plants and personnel. Image: AdobeStock...
Disaster regulations cut red tape, prioritise electricity supply to essential sectors
Regulations kicked in on 27 February, but no date given for the termination of the state of disaster. From Moneyweb. The war on red tape includes allowing exemptions or expedited approvals for energy generation under two acts that previously slowed things down. Image:...
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