by Evolution Life | Feb 25, 2026 | Economy
The automotive industry has long been a cornerstone of South Africa’s economy providing jobs, driving exports, and supporting a wide network of suppliers and service providers. Yet, as we move through 2026, the sector finds itself at a critical crossroads. The Current...
by Evolution Life | Jun 12, 2025 | Advice, Economy
We have two questions for you to ponder on: If you could save ten thousand per month with a 10% interest rate, how long would it take to save one million rand? If you had a debt of one million rand, with a 10% interest rate, and you paid ten thousand rand every month,...
by Evolution Life | Apr 16, 2025 | Economy
On 12 March 2025, the Minister of Finance, Enoch Godongwana, delivered the highly anticipated National Budget Speech. In the 2025 South African budget, the government plans to increase the Value Added Tax (VAT), while personal income tax brackets and rebates remain...
by Evolution Life | Aug 21, 2024 | Economy
Did you know that the Department of Human Settlements offers a once off finance subsidy for first-time home owners? If you earn, or your household income is, between R3,501 and R22,000 per month, and you have never purchased a home or received any other government...
by Evolution Life | May 2, 2024 | Definitions, Economy
Shrinkflation is a curious term that combines two essential concepts: “Shrink” refers to a change in the size or quantity of a product. “Inflation” signifies the general rise in the price level of goods and services, over time. When companies subtly reduce the size...
by Evolution Life | Apr 24, 2024 | Economy
The South African government recently announced its budget for the upcoming year. All the articles and information shared can be quite overwhelming, so we have summarised what we believe is important for you know: Tax Increases: Income tax, alcohol, and cigarette...
