What we know about wealth in South Africa and who owns it

2018-03-23 11:15

Bearing the limitations of the available data in mind, three recent reports help to illuminate our understanding of wealth and its distribution in South Africa.

Budget not as severe as predicted for the wealthier SA taxpayer

2018-02-23 15:51

While a direct wealth tax – or super tax on the wealthy – did not materialise during the much-anticipated February 2018 Budget, increases in estate duty, excise duties and donations tax were directed.

Cyril Ramaphosa is quietly building a sprawling mansion on his R30 million plot in Cape Town

2018-02-22 10:12

President Cyril Ramaphosa is quietly building a massive private home on two plots of prime land that he bought for R30 million in 2010.

Meet the 10 richest Chinese billionaires, who have a combined fortune of R469 billion

2018-02-21 12:42

Alibaba co-founder Jack Ma is China's second richest billionaire with a fortune around $40 billion (R469 billion)

Why the wealthy are leaving London - report

2018-01-22 18:22

Last year more high net-worth individuals left the UK than those immigrating to the country, according to a report by research company New World Wealth.

From R120m Clifton villa to Top 10 estates in 2017 property round-up

2017-12-30 09:00

Despite economic woes and political uncertainty in South Africa, the luxury property market still had its highlights during 2017.

PICS: Inside Da'Realty's R1.5bn luxury developments in Cape Town

2017-11-18 07:00

Da'Realty is currently undertaking three luxury developments in Cape Town with a total value of R1.5bn, including the old Ambassador Hotel in Bantry Bay.

How religion shapes an economy

2017-11-16 09:16

The Protestant Reformation in Europe is a good example of the impact that religion can have on wealth.

Is wealth inequality a problem?

2017-10-19 06:01

Wealth creation is a moral process because it is up to each one of us to use our minds to survive and thrive in this world, says Chris Hattingh.

Pressure piles on SA household finances - index

2017-10-02 22:16

A growing number of SA households will not be able to cope with emergency expenses and will not have sufficient income at retirement, according to a wealth index.


"I want my children to understand generational wealth" - Nandi Madida on buying her son land

2018-03-09 10:28

Nandi Madida bought her son land for his first birthday and we couldn't be more proud.

Bill Gates reveals the two 'crazy things' he purchased since becoming a billionaire 30 years ago

2018-02-22 15:15

Bill Gates told Ellen DeGeneres that his two biggest indulgences are a Porsche and private plane.

The world's richest people are abandoning London, Rome, and Paris for an African destination

2018-02-21 12:48

Wealthy buyers from places like the UK, America, and Italy, are looking to buy vacation property in Kenya.

Clifton parking bay sells for R1.65m

2018-01-24 20:52

A parking bay sold for R1.65m was just one of the deals making December 2017 the busiest to date along Cape Town's Atlantic Seaboard for Pam Golding Properties.

Talk of wealth tax causing anxiety among super rich

2018-01-17 21:00

There is general discontent among high net worth individuals in SA who feel they are potentially being unfairly burdened by ever-increasing taxes, says an expert.

SA inequality grows as rich take larger share - report

2017-12-14 14:57

New research has found that inequality in SA has increased, with wealth becoming ever more concentrated among the rich.

Mugabe's 37 years in power: How Zimbabweans' wealth took a dive

2017-11-16 22:00

The average wealth of a person in Zimbabwe is one of the lowest levels in the world, according to Johannesburg-based global research group New World Wealth.

Global prime property hotspot list puts Cape Town tops in Africa

2017-11-02 06:01

Cape Town tops the list of top prime property hotspots in Africa, while Monaco is tops globally, according to a report by New World Wealth.

Fund Focus: Sasfin BCI Flexible Income Fund (A)

2017-10-03 11:29

This is a low-risk option offering good income levels. The fund aims to provide high levels of income while preserving capital.

SA's 10 most exclusive residential estates revealed

2017-09-06 06:30

A new survey shows where South Africa’s most exclusive residential estates are located - and the same estate once again rules the roost.

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