Insurance premiums aren't the same for everyone and there are good reasons for that. Broadly speaking, your insurer will calculate your risk of getting into an incident or the risk of the vehicle being stolen and assign a premium on that basis. People are all different, but many factors are common and can be used to reasonably determine a premium.
Time is slowly ticking as we wait for the clock to strike 14.00 on 24 February 2016. Certainly South Africa is in a very different position to just one year ago. Then, the rand was trading at R11.65 to the US dollar, the repo rate was at 5.75%, inflation was steady at 3.9%, and South Africa's growth prospects, as indicated by the International Monetary Fund stood at 2.1% for 2015.
Credit retailers' share prices came under varying degrees of pressure in the wake of African Bank's warning over soaring bad debts. This has brought into focus the potential of credit retailers being vulnerable to higher levels of bad debt among borrowers.
It may take a long time to bed down what the new Tax Administration Act means because there are a host of sections which could be subject to litigation, according to high court judge and government tax review head Dennis Davis.
Astrapak optimists are betting heavily on the new chief executive Robin Moore's ability to restore the troubled packaging firm to health. Reflecting this confidence, Astrapak is trading on a 75,5 price:earnings ratio despite a 61% fall in headline earnings per share for the year to February and a 90% fall in earnings over the past three years.
Government is aiming to drive up demand for platinum by developing hydrogen fuel cell technology, Science and Technology Minister Derek Hanekom said on Thursday (16 May).
Cutting costs is a hallmark of packaging and paper group Mondi and over the longer term it has paid off, as could be seen in its recent upbeat interim management statement.
The Public Invesment Corporation's (PIC) R62bn real estate portfolio, may be one of the most commanding jobs in the SA property sector.
Measured at current prices‚ South Africa's motor trade sales increased by 5.1% year-on-year in March according to data released by Statistics SA on Thursday (16 May).
Sovereign Food Investments‚ which has operations in the struggling broiler industry‚ lifted headline earnings 10% to 74.5c per share for the year to February due to a more profitable product mix‚ good agricultural and production numbers and a focus on cost controls.
The Coface Group, a worldwide leader in credit insurance, has released its latest report on South African growth prospects, taking into account the mining and export slumps. Overall, economic activity remains generally sluggish while upside risks to inflation have increased due to a weaker rand. Coface believes that this will persuade the Monetary Policy Committee to keep policy neutral over an extended period, with interest rates remaining unchanged for most of 2013. A reversal in policy easing is likely only late in the year or even in 2014.