Investments

SA's R14 billion tax incentive scheme ends - investors now face a hefty tax bill

What smart investors do when markets dip

On investing, golf, skill and luck

Every year millions of golf fans look forward with great anticipation to The Masters tournament played at the prestigious Augusta course in Georgia, USA. Held in mid-April 2026, this year’s winner was Rory McIlroy, who made history by becoming only the fourth player ever to clinch the title back-to-back. But the path to victory was not straight forward, with one shot determining the difference between winning and losing. When it comes down to it, is it luck or skill that determines the outcome, and how should investors think about the role of each?

Oil shock pushes inflation outlook higher as SARB expected to hold rates steady

South Africa’s inflation outlook has shifted materially in recent months as escalating geopolitical tensions in the Middle East continue to feed through into global oil prices, fuel costs and broader inflation dynamics.