To fix, or not to fix
The SARB reduced the repo rate, or repurchase rate, by an unprecedented 275 basis points (bpts), or nearly three full percentage points, since the beginning of the year to 3.75%; a record low.
Entries by Thoughtcorp
A stronger rand and travel coordination
We start this week with some exciting news! The rand has been consistently appreciating against major currencies over the last two weeks.
Survivalists entrepreneurs and billions in support
Previously, I wrote explaining that although certain industries have been forced to slow down due to the COVID-19 pandemic, others were forced to speed up and work harder.
This may be the beginning of a new dark age and the end of capitalism
It is not possible to be completely certain of anything. There are, however, degrees of certainty; let’s call them hunches or suspicions.
Services We Provide
Efficient Wealth provides a host of personal/ business related financial services and value added benefits via its own internal resources and in partnership with a number of specialist financial services providers.
Efficient Wealth is a subsidiary of Efficient Group
Efficient Wealth is a subsidiary of Efficient Group Limited, and was established in 1999 as a holistic personal financial services provider, aimed primarily at providing financial solutions for the benefit of clients affiliated to various professional accounting, auditing and legal practices.