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| The 2014 prospects of the South African economy remain the subject of an ongoing debate, with the 4th quarter FNB/Bureau of Economic Research Consumer Confidence Index concluding that a number of factors such as lost wages during strikes, higher household tax burdens and a slowdown in unsecured lending, has potentially been eroding consumers' ability to spend. Read more >>
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| If you're looking for car insurance, then you're probably asking yourself the same two questions that everyone else does: 1) How do I get the best price? And, 2) Which company will give me the best service? Read more >>
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| Nedbank's recent acquisition of the iNetco system ensures that it will improve its operational efficiency in the face of growing transaction performance complexities. The bank has grown by over two million new individual and small business clients over the last two years. Read more >>
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| Freight and logistics company Grindrod's subsidiary‚ Grindrod Freight Services (GFS)‚ has teamed up with the Pembani Remgro Infrastructure Fund (PRIF) to form a leasing joint venture. Read more >>
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| Thabiso Mochiko Telkom has asked its suspended chief financial officer Jacques Schindehütte to repay the R6m loan that it granted him in September last year to buy shares in the company. Read more >>
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| Electronics group Ellies Holdings has reported a 40.9% decline in its interim headline earnings per share (HEPS)‚ which it ascribed to the end of an Eskom contract that had boosted its results in the previous periods. Read more >>
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| HONG KONG: A bottle of malt whisky has gone under the hammer in Hong Kong for the record-breaking sum of HK$4.9m (US$628,205), an auction house says. Read more >>
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| Amanda Visser Double-digit increases in non-executive fees‚ which had been the norm in over the last few years‚ did not continue into 2013‚ with the average increase being below inflation. Read more >>
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| Adele Shevel Shoprite and Massmart lost R460m by shutting their doors for Nelson Mandela's funeral last month - a sacrifice all the more significant given grim retail sales figures for the festive season, which emerged last week. Read more >>
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| South African motor trade sales‚ measured in current prices‚ increased by 0.7% year on year in November 2013 after a 4.6% rise in October‚ data released by Statistics South Africa showed. Read more >>
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| New car inflation rose to 5.65% in the three months to December - its highest level since March 2010 - driven in part by the weaker rand. Read more >>
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| Retail sales rose much more than expected in November‚ although economists warn this is unlikely to be the start of an upward trend given moderating household consumption expenditure growth and sluggish economic growth. Read more >>
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| Ntsakisi Maswanganyi Businesses under pressure from increasing costs might soon start passing the increases on to consumers‚ resulting in consumers having to pay more for goods‚ South African Chamber of Commerce and Industry's (Sacci) chief executive Neren Rau said. Read more >>
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| Nick Battersby Lose weight. Quit smoking. Finally make it to the gym (or at least around the block)... It is likely that many of us started 2014 with a New Year's resolution or two. As the year gets underway it may be worth considering a further addition to the list, by making saving a priority. Read more >>
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| Andries Mahlangu Country Bird's share price fell 3.23% to R3 on Tuesday (14 January) as the market worried about the effect of record South African maize prices on poultry producers battling depressed selling prices. Read more >>
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Nick Hedley |
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| The South African National Roads Agency (SANRAL) says motorists without e-tags should pay their e-toll bills at the earliest opportunity to avoid losing out on their discounts. Read more >>
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| The SA National Roads Agency (Sanral) has come under fire for using "unlawful, extortionist tactics" to force frustrated motorists to pay "exorbitant" e-toll bills. Read more >>
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| Graeme Palmer The Income Tax Act, 1962 was recently amended to provide for a new withholding tax on cross-border service fees. According to the new law, a withholding tax of 15% must be levied on the amount of any service fee that is paid by any person to or for the benefit of any foreign person to the extent that the amount is regarded as having been received by or accrued to the foreign person from a source within South Africa. Read more >>
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| SAN FRANCISCO, USA: US chip manufacturer Intel said it will trim its workforce by five percent this year as it shifts from personal computers to powering mobile gadgets. Read more >>
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More International
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| Rod Baker NEWSWATCH: Gauteng's use of ANC colours in billboards and posters - supposedly to publicise the administration's work, but using ANC party colours - has raised questions, reports Mail & Guardian. Read more >>
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The 4th MobileMoneyExpo delivers two full days of engaging discussions designed to address developments, challenges, opportunities and success stories within the financial inclusion ecosystem around Africa in 2014. Read more >> |
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Oresti Patricios |
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John Cooney |
Thomas Kolster |
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Danette Breitenbach |
Christy Turner |
Ntsakisi Maswanganyi |
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Nicky Smith |
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Nicky Smith |
Nick Hedley |
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Dr Francois Bonnici |
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Monica Laganparsad |
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Catherine Wijnberg |
Jurgen Vogt |
Juliette Attwell |
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Carol Paton |
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Bobby Jordan |
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Charles Siboto |
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