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Category: Economy

Intelligent Investing

Burgernomics: Decoding Currency Values with the Big Mac Index

“The secret of Big Macs is that they’re not very good, but every one is not very good in exactly the same way.” (Joel Spolsky) The concept is straightforward: in theory, the same things should cost the same globally. The Big Mac is a great product to compare because it’s sold in over 100 countries…
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How the 2023 Budget Will Impact Your Pocket

Finance Minister Enoch Godongwana’s 2023 Budget Speech has been widely described as “conservative.” Most experts agree that it contained few surprises and many feel that it didn’t do enough to address the myriad challenges facing the South African economy. While it’s hard not to be pessimistic about ESKOM, greylisting and the cost-of-living crisis, the budget…
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