JG
3K posts


[BREAKING NEWS] Government has revised the May diesel price down by R1 to R5.27 per litre, after admitting to a calculation error. #Newzroom405

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UCT researchers have built MzansiLM, an AI language model covering 11 of South Africa’s official languages, addressing a critical gap in AI tools for low-resource languages.
Read more: qr.link/juNcFi
@UCTscience

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@PieterGrund @2147mill 300K invested in a low cost SP500 index fund would be worth 1.42M today, roughly double the cost of your house.
You bought during a period of low interest rates, which might have still favoured the property investment. At 4.5% interest rates today, the SPY500 investment wins.
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@2147mill Depends where you buy also, bought ours 12years agony for 320k, now worth 750k. Same house now for rental is £2850pm. My mortgage is £1130 fixed for another 7years. To many variables in your comparison. 300k portfolio won’t cover the rent on my house if I was renting
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The UK quietly rewards investors and punishes workers.
Employee earning £50,000 pays 40% tax on every pound above £50k.
Investor earning £50,000 in dividends pays 8.75%.
Investor earning £50,000 in an ISA pays 0%.
Same money. Three completely different outcomes.
The tax system isn't broken. It's just not designed for people who only earn a salary.
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@Hamunjela By the end of the 5Y period, the ZAR has weakened substantially and your investment is worth nearly the same in USD. Then SARS taxes you on your "earnings" and really, you are left with less.
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Let’s put the South African Retail Bond (5-year fixed at 9.25%) into perspective.
If you invest R1,000,000 at 9.25% for five years, you are essentially locking in a fixed return for that entire period. It means you will earn about R92,500 per year, and that amount does not change regardless of what happens in the market.
Over the full five years, that adds up to roughly R462,500 in interest if you choose to take the income along the way. If instead you leave the interest to compound, your investment would grow to around R1.55 million by the end of the term, which is just over R550,000 in growth.
There are no market swings, no volatility, and no uncertainty around the return. What you see is what you get.
At the same time, there is no additional upside beyond that fixed rate. You are not exposed to higher growth if markets perform well.
So it really comes down to what you are trying to achieve. Some investors value the certainty of knowing exactly what their money will do. Others are willing to accept more fluctuation in exchange for the possibility of higher returns.
Both approaches have their place.
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[OPINION] Colonial wealth was built on exploitation, says President Ramaphosa. Redress should be sustained and direct – through investment, skills transfer and the return of historical artefacts to the countries they came from.
#Moneyweb
ow.ly/iceG50YUsV4
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JUST IN: NSFAS placed under administration ewn.co.za/2026/05/04/nsf…
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@WallStreetMav Only the following are worth it:
- accounting
- engineering (incl CS)
- law
- medicine
You can branch to any other field from one of the "big four"
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Most people are coming to the realization that many university degrees are worthless, or at least not worth 4 years of your productive life and not worth $100,000 to $200,000 in debt.
Looking back at your degree, was it worth it? Or was it just a good time for a few years? Would you do it again?
My degree was a complete waste of money (business school) and I ended up in a career that didn’t require it at all.
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@zilevandamme Ag shame, you never were the DA's sharpest tool in the shed, were you
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It seems a “significant number” of the “refugees” want to return to SA “cost of living, family, the overall quality of life & the weather.” A recruitment firm has witnessed a 70% increase in inquiries from those seeking to return over the last 6 months. flip.it/.duHWq
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🚨 IN FULL: The 15 Labour MPs who rebelled against Keir Starmer and voted to refer him to the Privileges Committee
Apsana Begum
Richard Burgon
Ian Bryne
Mary Kelly Foy
Imran Hussain
Brian Leishman
Emma Lewell
Rebecca Long Bailey
Andy McDonald
John McDonnell
Graham Morris
Luke Myer
Kate Osbourne
Cat Smith
Nadia Whittome
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@Kwakhanya777 @2leephephethe @southafricandly @helenzille There is no wording around "South African" in the abbreviation BBBEE, friend🤣
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@2leephephethe @JGdelaBat @southafricandly Correct💯
& This is why @helenzille insists that illegal foreigners be documented so she can use them for her nefarious deeds.
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@CarolineLucas Ahh, the socialist mindset: "let's tax the pensioners sitting at home, so that we can support them with their energy bills <after we've taken a cut to pay for our own 5% salary increases >
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Such blatant profiteering from human misery is sickening. And here at home families struggle to pay bills as energy giants rake in higher profits & destroy the climate. Time for a further windfall tax now bbc.co.uk/news/articles/…
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