Browsing: Andrew Amoils

Last year was a particularly bad one for South African millionaires, according to the latest South Africa 2016 Wealth Report by New World Wealth. The number of these so-called high net worth individuals declined by 18% during 2015 – from 46 800 at the end of 2014

High levels of government intervention, high tax rates, complicated investment opportunities and a high level of trade union involvement have weighed down South Africa’s wealth scorecard, a study revealed on Tuesday. New World Wealth analyst Andrew