Jeff Bezos: "We don't have a revenue problem in this country. We already have the most progressive tax system in the world.โ
โThe Top 1% of taxpayers pay 40% of all taxes.โ
โThe bottom 50% pay just 3%. We have a spending problem."
Trillion Dollar Club Market Cap (June 2026)
๐บ๐ธ NVIDIA โ $5.0 T
๐บ๐ธ Apple โ $4.5 T
๐บ๐ธ Alphabet โ $4.4 T
๐บ๐ธ Microsoft โ $3.1 T
๐บ๐ธ Amazon โ $2.6 T
๐น๐ผ TSMC โ $2.1 T
๐บ๐ธ Broadcom โ $1.8 T
๐ธ๐ฆ Aramco โ $1.7 T
๐บ๐ธ Meta โ $1.5 T
๐บ๐ธ Tesla โ $1.4 T
๐ฐ๐ท Samsung โ $1.3 T
๐บ๐ธ Berkshire Hathaway โ $1.0 T
๐บ๐ธ Eli Lilly โ $1.0 T
Spray drones offer clear advantages on the farm, but their success depends on how well they are managed. From drift control to logistics, careful planning is key to getting the best results. Anroรฉ Steyn spoke to Glenneis Kriel about this.
https://t.co/mgyaio6Yzh
If you earn R25 000 a month in South Africa, you're in the top 20% of all earners.
R50 000 puts you in the top 5%.
Most people reading this have no idea where they actually stand.
Here's what South Africans really earn ๐งต
Johann Rupert has been funding the Khaya Lam land reform programme, enabling over 24,000 South Africans๐ฟ๐ฆ to obtain legal ownership of their homes.
Khaya Lam, run by the Free Market Foundation since 2010, helps township residents convert municipal leaseholds into freehold ownership by covering legal costs.
Rupert, with a net worth of $10.2 billion, is the programmeโs largest donor, especially accelerating progress since a major donation in 2019.
Title deeds allow beneficiaries to sell, inherit, or use their property as collateral, creating a pathway to wealth generation.
If you had invested R10,000 into the SATOP40 in 2002 and simply left it until the end of 2025:
๐ด2002 = R8,616.89
๐ข2003 = R9,425.28
๐ข2004 = R11,320.89
๐ข2005 = R16,316.75
๐ข2006 = R22,444.81
๐ข2007 = R26,060.93
๐ด2008 = R19,306.97
๐ข2009 = R24,814.69
๐ข2010 = R28,433.80
๐ด2011 = R28,262.86
๐ข2012 = R34,542.22
๐ข2013 = R41,179.47
๐ข2014 = R43,655.93
๐ข2015 = R45,477.06
๐ด2016 = R43,585.48
๐ข2017 = R52,164.16
๐ด2018 = R46,400.00
๐ข2019 = R50,466.88
๐ข2020 = R54,011.88
๐ข2021 = R66,603.58
๐ด2022 = R66,508.85
๐ข2023 = R70,019.20
๐ข2024 = R74,871.53
๐ข2025 = R107,238.10
๐๐ถ๐ป๐ฎ๐น ๐๐ฎ๐น๐๐ฒ: ๐ฅ๐ญ๐ฌ๐ณ,๐ฎ๐ฏ๐ด.๐ญ๐ฌ
That means your original R10,000 became 10.7ร larger over that period.
The Compounded Annual Growth Rate (CAGR) worked out to be 10.4% per year. (Excluding any dividends).
The interesting part isnโt that returns were positive every year (they werenโt). Itโs that staying invested through the down years is what allowed compounding to do the heavy lifting over time.
And if you didnโt sell, you werenโt taxed, now compare this to inflation linked bonds.
Read more ๐ป
Capitec listed at around R2 in 2002.
The vibe at the time: that's not a bank, that's a mashonisa that got a logo. Purple branding. Mall location. Serving people who couldn't get through the door at the "real" banks.
FNB wasn't worried. Absa wasn't worried. Standard Bank wasn't worried.
Because to them, and honestly to most of us watching, Capitec's customers weren't the right kind of customers.
Turns out there's no such thing.
There were 20 million people in South Africa who needed a bank and kept getting told no. Capitec said yes. Simple products. No minimum balance. Fees that didn't punish you for being poor.
The branch was always packed. We saw the queue every weekend. We assumed that meant something was wrong.
It meant something was very right.
R1,000 at R2 is now R2.1 million.
The bank we dismissed as a township loan shop became one of the most valuable companies on the JSE.
We didn't miss insider information. We missed the queue at the mall.