Negative rates are seriously spooking markets. Money managers are used to getting a positive return on their investments
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The Tax Free Savings Account is designed to encourage a savings culture, without having to pay tax on the earned interest
The province says it has used something akin to a money-laundering technique for years.
Black people are taught to ‘carry’ their friends and white people learn to camouflage their wealth.
Behaviour of the rand influenced by political and structural factors, but also by cyclical factors.