CMV Group

HOW TO RECOVER THE ECONOMY

HOW TO RECOVER THE ECONOMY We hope that you have been well during these strange and confusing times. We hope and believe that everything will be back to normal soon and that we will be allowed to get the economy going again. We are positive about the future and believe that there are many opportunities, […]

THE IMPLICATIONS OF FINANCIAL EMIGRATION

THE IMPLICATIONS OF FINANCIAL EMIGRATION Financial emigration is the process whereby individuals earning mostly/only foreign income financially emigrate from South Africa for foreign exchange control and taxation purposes, without giving up their South African citizenship. By financially emigrating from South Africa and living in another country, you will not be classified as a South African […]

DESPERATE MISSIONS: THE 2020 BUDGET & SONA

DESPERATE MISSIONS: THE 2020 BUDGET & SONA Written by Richard Downing, Economist The State of the Nation Address (SONA) and Budget 2020 were despairing efforts by the government to stop the door shutting on the South African economy. The call for radical economic transformation, the consequent radical deterioration of the South African economy, and looming […]

BUDGET SPEECH 2020

Insights into the 2020 Budget Speech Does the Budget Speech affect you or your business? With Finance Minister Tito Mboweni’s 2020 Budget Speech, the sustainability of the future of South Africa’s economy took the front seat, by focusing on the changes both consumers and businesses can expect. Overall: The Finance Minister alluded to the reduction […]

MARNUS BROODRYK PRESENTATION

MARNUS BROODRYK PRESENTATION Marnus Broodryk is the founder of The Beancounter, an accounting firm in South Africa, and made his first million at 24. He is an entrepreneur, author, investor, and speaker. CMV and Perseus VC1 were privileged to host a discussion with Marnus on Wednesday, 5 February 2020, in front of over 200 people. […]

SOUTH AFRICAN ECONOMIC PROSPECTS 2020

SOUTH AFRICAN ECONOMIC PROSPECTS 2020 Caught in the Middle Compiled by Richard Downing, Economist Limited human capital and savings (capital – local or abroad), and the inevitable presence of entrepreneurs, severely impact the potential of the South African economy to perform better, grow, and create employment that could improve the wealth of citizens. From figure […]

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