Under section 12J of the Income Tax Act, investors can invest in qualifying venture capital companies and receive a 100% tax deduction on the amount invested, as long as the investment is held for a period of five years.
Category - Investing
As the returns from Bitcoin and other cryptocurrencies hit stratospheric levels, scamsters have crawled out of the woodwork to take advantage, as the lure of big profits makes people less cautious and more willing to hand over their money...
The BayHill Capital Transformational Investment Portfolio (TIP) offers investors an opportunity to diversify their savings while building a new class of African businesses.
In an attempt to get my 13-year-old son interested in investing, I recently encouraged him to register on the iTradeGlobal demo platform, where you have R1 million of virtual money to trade.
South Africa seems to be keeping pace with the current global Bitcoin trend, but do we know how will cryptocurrency be taxed by SARS and what the exchange control standpoint of the South African Reserve Bank will be?
An iTrade investor proves that you are never too old to start investing yourself, but why wait?
There is always a frenzy to devour and dissect Warren Buffett’s shareholder letter and extract the freshest pearls of wisdom. This year was no exception, even though the pickings seemed a bit slim.
In many cases the only people who make money out of expensive trading software are those selling the software, not those using it.
In the late 1990s, Tim was given 3 500 Naspers share options which he sold in 2001 to buy his daughter a new car. Today, those shares would be worth around R10 million!
A story of how sticking to a stop-loss saved one trader from suffering huge losses back in 1996.