For those in the know, Hudaco is ideal for preserving and growing capital. This perception might seem counterintuitive given Hudaco’s prominent position in South Africa’s industrial sector—a sector that has been experiencing deindustrialisation for years.
Talya Ginsberg
There’s a piece of folk wisdom floating around that suggests 70% of the things we worry about won’t happen; some sources even quote 85% or 90%. The exact number is irrelevant, as the figure is more illustrative than based on empirical research. This nugget of wisdom comes to mind when considering the results of South Africa’s election.
This year is set to be a landmark for democracy, with more than 50 countries globally, including the European Union, heading to the polls. More voters than ever before will participate, with around 46% of the global population eligible to cast a ballot.
According to The Independent, Britons can expect to save £630 (approximately R14,490) a year using solar panels, equivalent to around 210 cups of coffee in London. That’s a considerable saving in a country renowned for having little sun!
Investors around the globe could toast the new years with the heartening conviction that the Fed would cut interest rates.
At Umthombo Wealth, we firmly believe in the inexhaustible demand for private school education.
In 1888, Johannesburg was a gold rush boomtown, buzzing with raw energy and the promise of fortune. It was here that Theodore Reunert and Otto Lenz, two men with a vision for progress, founded Reunert & Lenz.
Mr Price is top of mind for South Africans when it comes to retail, with the company’s ubiquitous stores known for affordable apparel, home, and sporting goods.
In December of last year, Janet Yellen, the current Secretary of the Treasury, and former Chair of the Federal Reserve, claimed in a CNN interview that the US had achieved a soft landing—a scenario many economists thought unlikely.
Let’s dive into the latest verifiable figures. Some sources estimate that as of 2024, the apparel industry is worth a staggering USD$1.53 trillion (c.28.98 trillion).