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To fix or float your home loan?

Following the Reserve Bank's announcement earlier this month that the interest rate would go up by 25 points, the increasing rate market means it's not a good time for fixing rates.

31 Jul 2014 14:20

Salga welcomes improvements in audit outcomes

PRETORIA: The South African Local Government Association (Salga) has welcomed the Auditor General's audit results of the country's municipalities for the financial year 2012/13.

31 Jul 2014 08:24

Sanral asks court to keep Cape N1 tolls secret

The South African National Roads Agency Ltd (Sanral) will ask the Western Cape High Court next week to grant it a secrecy application, which will allow it keep details of the proposed tolling of the N1 and N2 highways confidential.

By Carol Paton 30 Jul 2014 11:15

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014 12:13

Hulamin's earnings up 42% on weaker rand

Hulamin, a manufacturer of semi- fabricated and fabricated aluminium products saw normalised earnings go up by 42% in the six months to June as continued rand weakness benefited the company's significant export volumes.

By Mark Allix 30 Jul 2014 12:45

Mall leases - Competition Commission to investigate

A call for the Competition Commission to address exclusivity clauses in shopping-mall leases that may be anti-competitive and restrain economic growth has been made by the South African Real Estate Investment Trust (Reit) Association.

By Alistair Anderson 29 Jul 2014 12:04

Limpopo government powers restored

National government has restored the powers of the Limpopo provincial government following a successful intervention to get that province back to good financial standing.

29 Jul 2014 10:01

Parties to a statutory merger must consider tax consequences

The purpose of this article is to discuss aspects of the relationship between the provisions of the Companies Act, No 71 of 2008 and the Income Tax Act, No 58 of 1962 (ITA) in relation to statutory mergers.

By Justine Krige 29 Jul 2014 07:28

G20: Africa's growth can stabilise the world economy

Goods are made in the world. Your smartphone contains rare earth minerals mined across Africa. Different components are manufactured across the globe and, in the case of your iPhone, assembled at a factory in China before being shipped to the US.

By Sulaiman Philip 29 Jul 2014 09:49

Actis sells 9% stake in Alexander Forbes

Actis has sold a 9% stake, in an oversubscribed offer through the Johannesburg Stock Exchange (JSE), representing a large part of its 13% total stake in Alexander Forbes Group Holdings Ltd.

29 Jul 2014 06:49

Spur sells food worth R5.5bn in a year

Restaurant group Spur Corporation increased total restaurant sales by 13.5% to R5.5bn in the year to end June‚ the group said in a sales update on Monday.

28 Jul 2014 13:27

Pick neighbourhood before buying a house

Home buyers should pick the right neighbourhood before they even start looking for a house; says FNB because it is pointless buying an affordable house in the wrong area.

By Gaongalelwe Moatshe 28 Jul 2014 13:51

Cross-border deals in Africa have legal challenges

The risk appetite of lenders and the track record of borrowers and sponsors must be taken into account when entering into cross-border deal structuring in Africa.

28 Jul 2014 09:30

Vodacom boosted by international growth

Vodacom (VOD)‚ South Africa's largest mobile operator by subscriber numbers‚ on reported fast growth outside of its domestic market‚ offsetting stagnating growth at home in the June quarter.

By Samuel Mungadze 28 Jul 2014 11:50

Are you working smart to avoid the pitfalls in completing your tax return?

The 2014 tax season is now in full swing. Here are the ways in which you can complete your return and some areas to be careful of...

By Desiree Goodwin, Issued by Meredith Harington 28 Jul 2014 13:41

Fitch awards AAA rating for Mutual & Federal

South African short-term insurer, Mutual & Federal, has been awarded a AAA (ZAF) rating for insurer financial strength by Fitch, the international rating agency.

28 Jul 2014 08:57

Hulamin makes R130m on R4.6bn revenue

Aluminium manufacturer Hulamin has delivered a 42% increase in normalised earnings to R130m in the six months to June‚ boosted by the weaker rand.

28 Jul 2014 12:49

Jaltech structures financing for Usutu transaction

Jaltech Financial Consultants has played an instrumental role whereby Montigny Investments Limited closed the R1bn purchase of Sappi Limited's Usutu Forest Products Company Limited in Swaziland.

28 Jul 2014 09:10

MasterCard now accepted in The Gambia

MasterCard and Guaranty Trust Bank Gambia (GTBank Gambia) has announced a collaboration that will broaden the acceptance of MasterCard payment cards in The Gambia.

28 Jul 2014 07:57

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