The road agency’s debt collectors have proposed writing off part of one’s debt for each year of compliance.
Despite current concerns around South Africa’s economic growth, property still provides a solid investment.
There are plans to add between 18 and 35 coaches to the train network within the next 18 months, says Gautrain’s CEO.
The state asset manager increased its investment in the entity that imploded in December 2017, rather than pulling out.
Nine of every 10 retirees included in Old Mutual’s survey are working to supplement retirement income.
Even if it hasn’t actually happened, it’s accepted that it will.

Personal Finance How on earth are most South Africans expected to save?

Ironically, the people who earn the least appear to be the most savvy with their money, while most working people have no money left by the 15th of the month.

Business News Agri SA welcomes Didiza’s commitment in black farmers, agriculture finance

Dan Kriek reiterates the federation’s commitment to building an inclusive, thriving, and globally competitive agricultural sector.

Business News Chicken Licken left out the negative effects of colonisation – appeal tribunal

The ban on a TV commercial that tried to humorously turn the Jan Van Riebeeck story on its head was upheld by the tribunal.

Business News SA top companies should do more to adopt fair, responsible remuneration – PwC

It said many companies have begun to embrace the concept of a living wage, but statistics can be improved.

Business News EOH says ENS probe finds evidence of serious governance failings

The technology group said its board would act decisively in respect of any further wrongdoing identified during the ongoing investigation.

Business News Forget the budget – this is how government really spends your tax money

Most of the national budget goes to servicing debt and paying salaries and social grants, not to infrastructure development and services.

Business News As Old Mutual battle goes to court, Moyo drags Rothschild’s Kingston into the fray

The axed CEO might subpoena the Rothschild group’s chairman to submit an affidavit about Trevor Manuel’s ‘triple conflict of interest’.

Personal Finance Many South Africans ‘too broke to retire’

A large number of South Africans earning at least R15,000 a month are delaying retirement because they simply can’t afford it, a survey found.

Business News Black Business Council welcomes Patel’s R40bn cash injection for black industrialists

The Black Industrialists Programme aims to unlock the potential of industrialists in key sectors of the economy.

Business News Naledi Pandor in bilateral meeting with Korean counterpart

South Africa and the Republic of Korea enjoy well-established bilateral relations since formal diplomatic ties were cemented in December 1992.

Business News Petrol to go up while diesel goes down

The AA predicts a 7 cent per litre increase for petrol, with a 20 cent decrease for diesel in August.

Business News Eskom group treasurer Andre Pillay resigns

This follows after Phakamani Hadebe resigned in May, saying the demands of running the parastatal had strained his health.

Business News MC Mining gets IDC funding for Makhado project

Proceeds of the loan will reportedly be utilised to develop the west pit and modify the existing Vele Colliery processing plant.

Business News Tongaat Hulett’s former CEO loses millions after share price dive

PwC is undertaking a forensic investigation into the group’s accounting practices, which saw its shares suspended from trade on June 10, and its already pressured share price fell further.




 

 

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