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 | Based on the year-to-date figure, 1,370 cases of identity fraud had been reported to the Southern African Fraud Prevention Service (SAFPS) as at the end of April 2014. Read more >>
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 | JOHANNESBURG: Deputy President Cyril Ramaphosa says in order to grow the economy and create jobs, it is important that the private sector invests more in the economy than it currently does. Read more >>
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 | PRETORIA: South Africa's current account deficit narrowed to 4.5% of gross domestic product (GDP) in the first quarter of 2014 from a shortfall of 5.1% in the last quarter of 2013, the Reserve Bank said on Wednesday, 18 June. Read more >>
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 | Nadeson Investments has bought a 25.1% stake in Risk Benefit Solutions (RBS), an independent insurance and risk specialist, for an undisclosed sum, in a deal that will raise the broker's empowerment rating. Read more >>
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 | Insurance company Liberty plans to capture more uninsured young people by issuing free cover for a year in the hope that the clients will understand the importance of insurance. Read more >>
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 | Issued by 7Colours Communications The inaugural StokvelEx 2014, in association with the South African Savings Institute, is set to ignite renewed interest in the rich heritage of stokvel scenes in South Africa when it opens its doors from 4-6 July at the Tshwane Events Centre in Pretoria. Read more >>
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 | Telecommunications operator Orange and the BNP Paribas group, a specialist in banking services and investment solutions, have announced that their retail banking customers in Africa now have direct access between their BNP Paribas account and their Orange Money account through their mobile phones. Read more >>
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 | Jayesh Kassen and Jaco-Chris Koorts 2014 marks the 4th annual Retirement Benchmark Survey conducted by Sanlam. The results of this year's survey once again provide the market with valuable insights into the trends and behaviour of individual members and pensioners. Read more >>
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 | The Pension Funds Adjudicator, Muvhango Lukhaimane, directed that Lifestyle Retirement Annuity Fund (first respondent) and Liberty Group Limited (second respondent), must produce a breakdown of the management fees levied on a complainant's investments despite their insistence that it was 1% of the investments. Read more >>
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 | Nick Hedley Basil Read's credit rating was left unchanged last week, though its rating agency warned that the loss of several experienced executives raised the construction company's risk profile. Read more >>
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 | Services company CSG Holdings (CSG) has increased its holdings in two construction firms at a cost of R61.23m. Read more >>
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 | Authors from Regent Business School According to the UNCTAD, Africa offers the highest return on direct foreign investment in the world. However, as much as Africa has much to offer in terms of trade, the business environment is littered with legal, political, social and economic challenges. Read more >>
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 | The Bureau for Economic Research (BER) manufacturing business confidence index fell to 25 points in the second quarter of 2014 from 41 in the first quarter‚ with manufacturers at their most pessimistic since the fourth quarter of 2009. Read more >>
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 | Motor trade sales (measured in nominal terms and current prices) decreased by 2% year-on-year (y/y) in April from a 2.9% increase y/y in March‚ Statistics SA says. Read more >>
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 | Nick Hedley Invicta Holdings, a distributor of capital equipment‚ spare parts and engineering consumables‚ will need to raise equity to partly fund any large acquisitions it undertakes as it sets out to earn 50% of its revenue outside South Africa. Read more >>
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 | Industrial property manager and developer Equites Property Fund joined PSG Konsult as another new listing on the JSE on Wednesday (18 June). Read more >>
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 | African countries should create a more conducive climate for investment from independent power producers (IPPs) if they are to remedy their severe shortfall in power generating capacity. Read more >>
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 | Authors from Regent Business School As mentioned in part 1 of this series, just as Africa offers enormous opportunities for business, there are also risks of doing business. Read more >>
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 | Insurer MMI Holdings has bought the CareCross Health Group for an undisclosed sum‚ which it says will allow it to reduce healthcare costs. Read more >>
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 | Cape Town will expand its rapid bus system to two townships after winning support from a taxi association that was opposed to the service. Read more >>
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 | Carol Paton The prospect of a tax on mining super-profits and other measures that would see more state intervention in the mining sector remain squarely on the agenda of the African National Congress (ANC) and South African Communist Party (SACP) in light of the protracted platinum strike. Read more >>
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 | Industrial group Invicta has delivered a 15% rise in normalised headline earnings per share to R7.65 in the year to March‚ boosted by acquisitions made over the last year. Read more >>
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 | The fall in the FNB/BER building confidence index indicates that conditions in the building industry have deteriorated further. The index fell by 11 points to 41 in the second quarter. Read more >>
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 | Consistent pressure from numerous forms of taxes render the road freight industry verging on uneconomical. Read more >>
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 | NEW YORK, USA: Business software specialist Oracle confirmed it will buy rival Micros Systems for $5.3bn in a deal that will expand its 'big data' efforts in the hotel and restaurant sectors. Read more >>
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 | WASHINGTON, US Google's Nest Labs said that it was buying video monitoring start-up Dropcam for a reported $555 million in cash. Read more >>
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 | SANTIAGO, CHILE: Construction on the world's largest optical telescope began with a bang as workers demolished a hilltop in Chile's Atacama Desert. Read more >>
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MONTREAL, CANADA: Canadian smartphone company BlackBerry, under new leadership, announced a small profit in a surprising turnaround despite a huge drop in revenues. Read more >>
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More International
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 | Jan-Jan Joubert Rural Development and Land Reform Minister Gugile Nkwinti has published policy proposals requiring commercial farmers to hand over half their farms to farmworkers. Read more >>
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 | A total of R53m of the R80m budget for equipment for the Charlotte Maxeke Johannesburg Academic Hospital was not spent in the 2013/14 financial year. Read more >>
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More Government news
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- New appointment to the MMI Holdings executive committee - more info
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More people Submit a Person
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Distell Ltd, a leading producer of wines, spirits, ciders and flavoured alcoholic beverages of high quality, invites applications for a business analyst based at Techno Park, head office, Stellenbosch. Read more >>
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POPI EventCompli-Serve SA - 24 Jun 2014 to 26 Jun 2014 Cape Town,Durban,Johannesburg |
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