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MONEY: 5 financial New Year’s resolutions to keep

Instead of making weight loss or not smoking a New Year’s resolution for the umpteenth time, Moxima Gama recommends trying this financial fitness regime in 2015.

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Finweek Quiz #47

Try your hand at our quiz to win! This week, we have a copy of the book ‘Inspired – Remarkable South African and their stories’ to give away. This book is a compilation of insights from over a dozen inspirational South Africans from all sectors, including Thuli Madonsela, Herman Mashaba, Terence Nombembe and Francois Pienaar, to name just a few.

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MONEY: Gambling revenues grow in tough economy

Gambling in South Africa has increased with 4.3% over the past year, with the country currently having the largest overall gambling market in Africa. Finweek looks at ‘Raising the stakes in Africa: Gambling outlook 2014-2018′ report to see the effects of a weak economy on the gambling sector.

- Mabyanine Phiri – Portfolio Associate: ACM Gold & Forex Trading

MARKET SNIPPET: 21 November 2014

We’ll get a hint of what to expect in the economic climate on 25 November when the GDP figure is announced, writes Mabyanine Phiri in today’s Market Snippet.

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PROPERTY: Stable prime interest rate good for home owners

The news that the prime interest rate will remain unchanged for the rest of 2014 is fantastic news for homeowners in South Africa, where as many households still struggle with debt-to-income ratios.

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NEWS: Rate stability throughout festive season

It has been announced that the prime lending rate of 9.25% will remain unchanged following the decision earlier today by the SARB Monetary Policy Committee to leave rates unchanged through the festive season.

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OPINION: Youth troubles may be solved through entrepreneurship

Have you ever thought of an effective solution to youth crimes in under privileged areas? Abram Molelemane from Fetola seem to think entrepreneurship is the answer to keeping young people out of trouble. He talks about tips on how to create youth entrepreneurship.

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ENTREPRENEURSHIP: Is all the hype creating the wrong pressure?

Entrepreneurship tends to be epitomised in the form of individuals who successfully harness it and attain extraordinary personal wealth and social advancement. This has had the effect of making heroes out of the people or personalities who have succeeded rather than of the process of becoming an entrepreneur. Nyasha Mugadza from BDO Innovation explains.

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MONEY: Why are South Africans not saving more?

South Africa never really had a savings culture to begin with but now according to the FinScope Consumer Survey South Africa 2014, we only have a household savings rate of about 1.7%. This is currently the lowest number in the world. Finweek takes a closer look.

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INSIGHT: Professionals stressed by families

According to a recent survey of nearly 3000 of Profmed’s graduate professional members, families are the main source of stress in their lives. The Profmed Stress Index indicated how financial commitments and occupation doesn’t even come close to family stress. Finweek investigates.

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INVESTMENT: A new season of volatility

Financial markets have been subject to an abrupt increase in volatility in recent weeks with risky assets having been sold off sharply in the first half of October 2014. Paolo Senatore from Ashburton Investments talks about increased volatility in the SA economy.