Southern African Development Community (SADC)

The 16 SADC member countries are: What SADC Stands For SADC stands for the Southern African Development Community. It started in 1980 as SADCC (Southern African Development Coordination Conference) and became SADC in 1992. Purpose of SADC The main goals of SADC include: Most Powerful SADC Country South Africa is considered the most powerful country…

What is Deflation?

Deflation happens when prices go down over a long time. People might think lower prices sound good, but deflation can hurt the economy in many ways. Let’s look at what deflation means and why it matters to everyone. What Makes Prices Go Down Money becomes worth more during deflation. Products and services cost less than…

What is Deferred Tax?

Deferred tax happens when a company needs to pay taxes but not right away. Think of it like setting money aside today for taxes you’ll pay later. How Deferred Tax Works Companies make money and pay taxes. Sometimes, they need to pay different amounts of tax at different times. This creates something called deferred tax….

What is Deferred Stock?

Many companies give out different kinds of stocks to people who invest money in them. Deferred stock is a special type of stock that makes investors wait before they get any money back. What Makes Deferred Stock Different When people buy normal stocks, they usually get small payments called dividends throughout the year. These payments…