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| Developing countries, and in particular South Africa, are adversely affected by illicit financial flows. Read more >>
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| Reforms planned years ago will have to be implemented soon if medical aid schemes are to be affordable. Read more >>
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| Graham Turnbull We invest in a retirement annuity to ensure we can live comfortably in retirement - but what happens when a penalty promises to take a massive chunk out of your savings? Read more >>
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| By focusing on the price sensitive market segment and reducing the cost for that specific segment, direct insurance marketing has gained market share and changed the short-term insurance landscape. Read more >>
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| With the increasing cost of living and utilities, many homeowners may be relooking at their financial situation and deciding where they can save money or cut costs. Read more >>
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| Issued by Hollard Insurance An innovative joint venture between Hollard Life Botswana and BotswanaPost will bring funeral and parcel insurance products within reach of non-traditional markets and potentially pitch the rapidly-growing insurance group towards securing significant market share within the next year. Read more >>
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| Issued by Meredith Harington We all want to ensure that those we care about are taken care of once we pass on, and not create unnecessary complications. Why then do so many South Africans either have no will or have wills that are invalid? Read more >>
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| Amanda Visser The attention given to stop money laundering measures by company boards and management has increased sharply in the past decade with heavy fines imposed by regulators‚ who have done their part in raising the awareness and risks of noncompliance. Read more >>
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| Phakamisa Ndzamela Standard Bank Group's remuneration policy and the bonuses paid to joint Chief Executives Ben Kruger and Sim Tshabalala were questioned by investors at its annual general meeting. Read more >>
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| Joan Muller Cape Town's first skyscraper in 21 years could prompt the building of more iconic, high-rise developments in other inner cities. Read more >>
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| Mpho Sibanyoni A study has found that family businesses are finding it difficult to implement proper succession planning and that most of the future generation of owners have failed to beef-up their academic qualifications. Read more >>
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| Reitumetse Pitso Job creation in the information and communication technology (ICT) sector will get a US$1m boost from the Rockefeller Foundation to support information technology skills among disadvantaged youth in South Africa. Read more >>
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| The Ombudsman for Short-Term Insurance (OSTI) has recently released its report on the number of complaints received per insurer together with the number of complaints overturned with some benefit to the complainant for the 2013 calendar year. The OSTI is an independent body that offers dispute resolution between insurers and their clients. Read more >>
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| New vehicle sales in South Africa took a hefty knock in May‚ the National Association of Automobile Manufacturers of South Africa (Naamsa) has reported. Read more >>
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| Zeenat Moorad At its annual general meeting recently, Massmart highlighted the plight of consumers as debt‚ mounting costs and unemployment continue to curb spending in South Africa. Read more >>
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| A new labour strike is looming at a time when South Africa can least afford it. As many as 200,000 workers in the metal and engineering sector could down tools as wage talks deadlock. Read more >>
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| Marc Hasenfuss Small hotel and time-share operator Gooderson underlined its directors' confidence in its cash generating abilities by hiking its dividend 6.5% to 1.875c per share for the year to end-March. Read more >>
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| Evan Pickworth The highest earners on the JSE are dominated by CEOs of multinational companies‚ with seven CEOs receiving total compensation of more than R60m each during 2013‚ a report by boutique asset managers Mergence showed. Read more >>
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| Marc Hasenfuss It was a case of swings and roundabouts for Verimark in the year to February‚ with the specialist retailer's gain in new operating efficiencies offset by the weaker rand dragging down sales. Read more >>
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| Charlotte Mathews Pharmaceutical and healthcare products group Adcock Ingram Holdings would be reorganised into a decentralised structure from 1 July‚ Kevin Wakeford‚ the recently appointed Chief Executive of the group said. Read more >>
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| Alistair Anderson Listed and unlisted property contributed R191.4bn to the economy in 2012‚ according to a report released by the Property Sector Charter Council. Read more >>
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| Mpho Sibanyoni Transnet has pleaded with Southern African Development Community (SADC) countries to invest more on railway infrastructure to improve intra-regional trade. Read more >>
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| South African retailer Mr Price has reported strong earnings growth‚ helped by its customers responding well to the group's fashion value offers. Read more >>
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| Mark Allix Nampak's interim results for the six months to March saw the rest of Africa markets markedly contributing as the group as it grew overall trading income by 10%. Read more >>
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| Thabiso Mochiko The buyout of Neotel by mobile operator Vodacom "is very important" for the fixed-line operator's future‚ Neotel's Chief Executive Sunil Joshi said. Read more >>
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| Thabiso Mochiko Holidaymakers looking to celebrate Christmas and New Year at the coast will this year have the option of joining Cruises International's first round-trip cruise holiday along the South African coastline. Read more >>
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| Alistair Anderson Vukile Property Fund's Chief Executive Laurence Rapp said the company had re-based its portfolio and that it would match the listed property sector's performance in the near future. Read more >>
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| Mark Allix If there is one industry where everything is in flux and companies have to re-jig their shapes and formats all the time, it is SA's packaging manufacturers. Apart from constantly changing industry conditions, not least from encroaching rivals, each firm has specific obstacles to get over. Read more >>
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| Jared Nickig Crowdfunding - the collection of finance from backers to fund an initiative usually on internet platforms - could be seen as an attractive alternative to people looking for micro-loans. Read more >>
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| Loni Prinsloo "Telkom won't die," says Chief Executive Sipho Maseko, who compared the state-owned company to a stabilised patient in and intensive care unit after a couple of strategic deals and cost-cutting exercises put in place during his year at the helm. Read more >>
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| The Payments Association of South Africa (PASA) has blacklisted more than 100 telemarketing companies for illegally debiting consumers for goods and services that were not provided or for outright fraudulent transactions where banking details were obtained illegally. Read more >>
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| Paul Vecchiatto Thousands of jobs were saved last week when the European Union (EU), SA's most lucrative market for its multibillion fruit exporting industry, decided against banning its oranges. Read more >>
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| Graeme Palmer One of the fundamental consequences of incorporating a company is that it is a legal entity separate from its directors and shareholders, and therefore the persons who manage and own the company will generally not be liable for the debts of the company. Read more >>
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| Financial managers of businesses can no longer rely on their auditors to draw up annual financial statements. This is due to the changes to the Companies Act which came into effect in January 2014. Read more >>
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| Bill Rawson believes the former finance minister is just the right man to turn back the tide in local government and restore good governance, and this in turn will have a ripple effect on the property market. Read more >>
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| Penwell Dlamini and Lehlohonolo Tau The City of Johannesburg plans to spend at least R103m on upgrading its council chambers in Braamfontein. Read more >>
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| PARIS, FRANCE: Disney and French online music streaming company Deezer are going into partnership that will give customers access to hit songs and classic animations from the US film company. Read more >>
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| WASHINGTON, USA: An international dragnet has dismantled a global computer hacker network, which used a sophisticated computer virus to steal millions of dollars from companies and consumers, the US Justice Department said. Read more >>
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| DOHA, QATAR: The International Air Transport Association (IATA) said it expects airline companies to record combined net profit of US$18bn this year. Read more >>
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| WASHINGTON, USA: If Wall Street struggles to see the logic in Apple's US$3bn deal for Beats Music, it may look across the river to Brooklyn, hometown of Beats co-founder Jimmy Iovine. Read more >>
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| SINGAPORE: Chinese ecommerce company Alibaba will buy a 10.35% stake in Singapore Post, the national postal system, for Sg$312.50m (US$249m) as part of a strategic co-operation deal. Read more >>
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| Lance Breastgoff ARLINGTON, US: When it comes to market research, people automatically think of how it can serve the needs of the behemoth corporations or the hopeful start-ups... Read more >>
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| SAN FRANCISCO, USA: Online commerce company Amazon.com said it doubted that it would soon bury the hatchet with book publisher Hachette. Read more >>
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| NEW YORK, USA: A hacker who directed hundreds of cyber attacks on the websites of foreign governments before turning FBI informant walked free after being handed a symbolic seven-month sentence. Read more >>
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| TOKYO, JAPAN: Toyota has recalled about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off. Read more >>
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More International
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| The newly-appointed Home Affairs Minister Malusi Gigaba has outlined the Immigration Regulations, which came into effect on Monday, 26 May. Read more >>
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| The Department of Trade and Industry (DTI) will continue to improve its incentive scheme for the country's film industry, which contributes R3.5bn to the gross domestic product (GDP). Read more >>
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More Government news
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A junior accountant with experience in SARS returns, annual financial statements, PAYE and business consulting with previous experience working for a reputable accounting firm. Read more >>
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STOKVELEX 2014 - 3 Jul 2014 to 6 Jul 2014 PretoriaThe STOKVELEX 2014 is a Premiere show targeting Stokvels, cooperatives and individuals around the Gauteng region. Read more >> |
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