How to survive as a small business when your own currency is weak and volatile

IMG-20150616-00599If you told someone 20 years ago what you saw coming, they would probably have thought you were arrogant or crazy. But now we are here in volatile times with a currency that is being beaten slowly to death. People somehow forget that a country’s exchange rate is one of the most important indicators of its economic health.

Have you ever been to one of those bar parties where someone has a tab running. The party goes on. The drinking continues like there is no tomorrow. After midnight the revellers in a drunken stupor leave, escaping any contribution to what they’ve readily drunk. If you are still there at the end of the evening you will see someone there making hasty phone calls or haggling after midnight desperate for someone else to pick up the tab. Continue reading “How to survive as a small business when your own currency is weak and volatile”

Extra caution needed when dealing with new investments and other income schemes

(Copyright © 2016 by Chesney Bradshaw, all rights reserved)
(Copyright © 2016 by Chesney Bradshaw, all rights reserved)

A middle-aged women and members of her family were jailed for coming up with an investment scheme that fleeced many people. It’s amazing how many people parted with their retirement funds and retrenchment packages to invest in the too-good-to-be-true pyramid scheme.

It goes like this. People think that they can make money quickly and become hypnotised into believing all the fanciful promises of people who claim that they can make them unbelievable income. How can people believe such nonsense? But many do going by the millions that were invested. Those who hocked most if not all their savings on this scheme ended up in dire circumstances. Continue reading “Extra caution needed when dealing with new investments and other income schemes”