How to Mitigate Your Risk

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“The more that energy costs, the less economic activity there can be” (Robert Zubrin)
It has been 13 long years since we first experienced load shedding in 2007. Since then, businesses have lost thousands of hours of productivity and significant amounts of money to these “rolling blackouts”. 

Budget 2021: What It Means to You

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“Hope is being able to see that there is light despite all of the darkness.” (Archbishop Emeritus Desmond Tutu)
It was with a sense of trepidation that South Africans awaited the 2021 Budget Speech by Finance Minister Tito Mboweni. 
Still confronted with all the challenges that existed before COVID-19 – massive debt, lacklustre growth, unemployment, the public service wage bill and rampant corruption – Treasury also faced the seemingly insurmountable challenge of funding the rollout of COVID-19 responses along with muted tax revenue collection impacted by lockdowns, record job losses and business closures.