Futures Contracts: Balancing Risk and Opportunity
What Are Futures? Futures are financial contracts that allow two parties to agree on the price of an asset today, with the transaction taking place at a specified date in the future. Although the concept may initially seem complicated, it is built on a simple idea: locking in a price now to reduce uncertainty later, […]
Pocket Money as a Tool Against Youth Financial Illiteracy in South Africa
In 2026, South Africa continues to grapple with one of the most severe youth unemployment and financial literacy crises in the world. According to the United Nations in South Africa, unemployment stood at 31.9% at the start of 2026, while youth unemployment among those aged 15 to 34 still exceeded 46%. Financial illiteracy compounds this […]
Deciphering the dilemma: To sell or not to sell your property amid financial strain
Given the current economic climate, many homeowners in South Africa might find themselves facing the challenge of keeping up with their monthly bond repayments. In such instances, it may be tempting to consider selling the property to relieve financial pressure. However, before you make a hasty decision, it is crucial to understand all the factors […]
IFRS vs IFRS for SMEs
The majority of financial statements in South Africa are arguably compiled by implementing the International Financial Reporting Standards for Small and Medium-sized Entities (IFRS for SMEs) as a financial reporting framework. The International Accounting Standards Board (IASB) published IFRS for SMEs during July 2009. The standard was introduced in order to reduce complexities and the […]
TEN TIPS FOR SMALL BUSINESS OWNERS DURING TOUGH FINANCIAL TIMES
When the economy is slow, small business owners struggle to survive, many for the first time. Financial problems consume valuable time and business resources, yet must be dealt with proactively. Use the resources your banker provides; he has the expertise and cares about your business and its financial well-being. Once you have read these tips […]