Inflation coming down… slowly

May 27th, 2009

Stats SA just released the CPI inflation figures for April 2009. The headline inflation rate in April 2009 was 8.4%, 0.1 of a percentage point lower than the figures for March 2009. You can check out this page if you want to see a chart and table of the CPI inflation rates in South Africa, [...]

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A tribute to Alexander Forbes

May 26th, 2009

If ever there was a company that should have its licence suspended, it is Alexander Forbes. It was the main offender in the secret profits bank account-bulking scandal. In the 1990s, it facilitated the stripping of the surpluses of a number of retirement funds, to the disadvantage of pensioners and members. Alexander Forbes did this [...]

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What is Working Capital?

May 18th, 2009

An entity’s working capital (also called “net current assets”) is the the total current assets less the total current liabilities of that entity. Working capital An entity (company, person, NGO, etc.) can have many assets and even be profitable, but be brought to its knees because it does not have sufficient working capital. Managing an [...]

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What is a Liability?

May 14th, 2009

A liability is a debt. An entity that has a liability has an obligation to pay its debt in some or another way. Liabilities take away from the net worth of an entity, in the same way that assets add to it. Liability Examples of liabilities include credit card debt, personal loans, mortgages, IOUs and [...]

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Look ma! It’s a Carnival!

May 12th, 2009

Liberta took part in a few blog carnivals the last few weeks. Carnival of Personal Finance #202 MoneyNing hosted the Carnival of Personal Finance #202 – Edition of Mini Accomplishments. Liberta’s article about the AIG bonusses and bailouts was included in this edition of the carnival. Carnival of Personal Finance #203 Weakonomics hosted the Carnival [...]

My beef with MTN’s SMS competition

May 10th, 2009

I blew my top a few days ago because MTN keeps spamming me with SMS and MMS messages to advertise a competition they’re running, apparently to celebrate their 15th anniversary. This is a (more rational) post to clarify just why I’m so pissed off. Spamming. Gambling. What’s next? Pimping? First off, MTN is sending spam [...]

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MTN you bastards

May 8th, 2009

This is a message to MTN. Stop spamming me you schmucks. You’re my friggen service provider. You’re supposed to be preventing dumbasses from sending spam to my account. If you want to tell me about your stupid competition, write about it in the newspaper, or take out an add on the television, like any other [...]

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Financial Freedom Quick Tip #40: Passion Investing

May 7th, 2009

Credits: Moo I will never buy a cow. It’s not that cows are bad investments. It’s just, I don’t like cows. I’ve tried to like cows. I really have. One of my best friends is a vet. He loves cows. He’s told me just about everything there is to know about them. Despite my best [...]

PPI Inflation Rate in South Africa

May 6th, 2009

This page shows the current PPI inflation rate, as well as a graph and table of the PPI inflation rates in South Africa, since 1980. swfobject.embedSWF(“/common/open-flash-chart/open-flash-chart.swf”, “chart_ppi_rate”, “560″, “200″, “9.0.0″, “expressInstall.swf”, {“data-file”:”%2Fcommon%2Fcharts%2Frate_chart.php%3Fchart%3Dppi_rate_chart.php”} ); The current PPI inflation rate is document.write(latest_ppi_rate);% (based on PPI data for document.write(latest_ppi_rate_date);). The PPI percentages shown in the figures and graphs [...]

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CPI Inflation Rate in South Africa

May 5th, 2009

This page shows the current CPI inflation rate, as well as a graph and table of the CPI inflation rates in South Africa, since 1982. swfobject.embedSWF(“/common/open-flash-chart/open-flash-chart.swf”, “chart_cpi_rate”, “560″, “200″, “9.0.0″, “expressInstall.swf”, {“data-file”:”%2Fcommon%2Fcharts%2Frate_chart.php%3Fchart%3Dcpi_rate_chart.php”} ); The current CPI inflation rate is document.write(latest_cpi_rate);% (based on CPI data for document.write(latest_cpi_rate_date);). The CPI percentages shown in the figures and graphs [...]

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