SA cities ranked as cheap to live but have they taken Woolies prices into account?

Loading player...
The Covid-19 pandemic has caused historic disruption to international mobility and it has prompted many companies to re-evaluate how they will manage a mobile workforce after the pandemic or if they should have stints overseas now that virtual work has become the norm for many companies.  A new list of the world’s most expensive cities could help companies decide and here is a surprise, it is not the usual suspects that top the list, but Ashgabat in Turkmenistan that is the world’s most expensive city. If you wondered what the attraction of Ashgabat is - it is described as a deserted white marble city with gold statues and manicured gardens, is on the old Silk Road and has vast natural oil and gas reserves. BizNews spoke to Vladimir Vrzhovski from Mercer, the company that published the 2021 Cost of Living Survey to find out the reason for Ashgabat’s top position and where South African cities ranked. Learn more about your ad choices. Visit megaphone.fm/adchoices
30 Jun 2021 2AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: SA-Israel tension; Nvidia-OpenAI deal; US tariffs; Fed rate outlook; Energy Risks

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia’s potential $250B OpenAI data center…
26 Jul 11PM 14 min

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…
22 Jul 5AM 19 min

Unlocking High-Yield Private Debt: The Jaltech Income Opportunities Fund

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional…
24 Jul 5AM 29 min