Day 1 of lockdown in South Africa greeted with UK Prime Minister Boris Johnson's announcement today that he had tested positive for SARS-CoV-2, the virus that causes Covid-19.
The news was greeted with mirth and derision by the usual suspects. They pointed to BoJo's previous bravado about shaking hands with infected patients. Slurs such as "covidiot" were abundant.
The United States is braced for the single biggest transfer of wealth in history.
"Boomers" make up about 45 million households, worth about US $68,4 trillion, according to Cerulli Associates. an asset management research group. As they die over the next 25 years, their heirs will receive most of this, and those heirs are mostly millennials.
The question is, what will those heirs do with the money?
Finance Minister Tito Mboweni delivered his 2020 budget speech yesterday. Brief highlights for me:
