Anthea says no to wealth tax; instead, let’s offer tax incentives to the world’s wealthy to attract them to SA. As it is, 5% of the labour force pay more than 50% of the country’s income tax and we need to increase the tax base. The market has been strong of late, mostly because of resources, but nothing has changed in the global economy. Sygnia asset management will list today and was 19x oversubscribed on Friday. Ferrari to list shortly with a $12bn valuation.

Anthea Gardner – The Money Shot 12.10.15

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