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Finance & Insurance

Weekly top stories


Added protection for consumers under NCA Act
The National Credit Amendment Act, which became law on 19 May, includes a number of important amendments that will provide added protection for consumers. Read more >>


Finance
SA lobbying for Brics bank location
CAPE TOWN: Trade and Industry Minister Rob Davies says it would be an advantage if the Brics Development Bank was to be located in Johannesburg. Read more >>

Flickpay officially launched
Using smart phones to make purchases at markets, restaurants and convenience stores has become increasingly popular. Newly launched mobile payment app, Flickpay is set to transform the mobile payment industry with its fast and secure platform. Read more >>

Actuarial & Insurance
Helping South Africans quit the killer
Quitting your smoking habit is good news for your health and your pocket. Read more >>

Education & Training
Cloud software to help scholars in accounting exam prep
In the shift towards paperless classrooms, cloud-based software may be the next phase. Read more >>

Markets & Investment
Good returns from Synergy's linked units

Alistair Anderson

Synergy Income Fund's A and B units have been among the listed property index's top performers since the beginning of the year‚ with both having risen nearly 20% while the index gained about 6%. Read more >>

Telkom's offer for BCX presented to shareholders

Samuel Mungadze

Business Connexion (BCX) sent its shareholders a firm offer from Telkom to buy out the group at R6.60 per share‚ valuing the information technology group at about R2.7bn. Read more >>

Hunting for Eurobonds

Jocelyne Sambira

Attracted by the prevailing low interest rates, cash-strapped African countries looking to borrow money on international private markets are increasingly turning to Eurobonds as the instrument of choice. Read more >>

Absa clients can now automate securities finance trading
Absa Bank is the first domestic South African entity to execute a securities finance trade via the EquiLend trading platform. Read more >>

Some pointers for investing in property
When you're looking to invest in a medium to long-term proposition, there are a number of key criteria or 'rules' one needs to bear in mind. Read more >>

British Chamber of Business in Southern Africa relaunched
The British Chamber of Business in Southern Africa, which is facilitating a proactive UK trade strategy that aims to double bilateral trade between South Africa and the UK to £16bn, has been relaunched. Read more >>

The JSE lends its financial muscle to messaging

Janine Lazarus, Issued by Janine Lazarus Media Consultancy

With the growing focus on corporate governance and transparency, and with organisational reputation cited as the number one risk to companies, it never fails to amaze me how some people... Read more >>

Taxation & Regulation
Price-fixing fine halved for Sasol to €150m

Evan P

The R3.7bn fine imposed on Sasol by the European Commission in 2008 has been more than halved by the European General Court. Read more >>

New Act not clear about position of secure creditors in business rescue

Richard Marcus

In liquidation the position of secured creditors is clear; their security is protected in liquidation, their secured asset is realised for their benefit - only the surplus after their claim is paid falls into the remainder of the estate for the benefit of other creditors, and they have voting power by value only to the extent that their claim is not covered by their security. Read more >>


International

Internet gambling guidelines tighten rules in EU states
BRUSSELS, BELGIUM: The European Union is to tighten rules that regulate online gambling in an effort to protect minors and coordinate a huge but fragmented market. Read more >>

Telecoms sector can compete in Mexico
MEXICO CITY, MEXICO: President Enrique Pena Nieto enacted a law that aims to open up Mexico's telecommunications industry to competition. Read more >>

Hacking accused could die in US prison
MOSCOW: RUSSIA: The father of a Russian man detained by the US on hacking charges warned on that his son would die without medical help, in yet another spat between Moscow and Washington. Read more >>

Brazil cyber theft could be biggest ever
BRASILIA, BRAZIL: A scheme that has been skimming funds from Brazilian bank payments over the past two years may be the largest cybercrime heist in history, at some $3.75bn, security researchers say. Read more >>

Sotheby's join eBay to offer online sales of art, collectibles
NEW YORK, USA: - Online company eBay and the renowned auction house Sotheby's have jointly announced a partnership for online sales of art and collectibles. Read more >>

Musk donates $1m to Tesla museum
WASHINGTON, USA: - Tesla Motors founder Elon Musk has agreed to donate $1m to help fund a new museum dedicated to inventor Nikolai Tesla. Read more >>


More International


Africa

$4m in projects to strengthen Tanzania's agricultural productivity
More than 100,000 smallholder farmers in Tanzania will benefit after today's announcement of US$4.25-million in new grants. Read more >>


More Africa


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All industry news


Marketing & Media
    Cannes entries reveal a move towards design for change - Sulet Jansen
    City of Cape Town, AFI partner for Mercedes-Benz Fashion Week
    Pendoring judges selected, deadline extended

    Medical
      Conference to further the Mindful Revolution in South Africa
      R2K strongly condemns the arrest of Free State community health workers and TAC activists

      Retail
        Vivienne Tam, WeChat launch 'Internationally Chic' runway model contest
        Better selfies with Sony
        'Me Time' survey indicates South Africa loves couch time

        Government
          Economy battles to get out of the woods
          Why 'Excellence' should be at the top of our national agenda - Douglas Kruger
          SABC viewers displeased with old content, repeats, news bias

          Mining
            SA Mining Stakeholders convene
            SA's mining strategy must unlock transformation, investment
            Economy battles to get out of the woods

            CSI
              Monash SA empowers students with Mandela Month Book Drive
              R200,000 donation in aid of breast cancer
              Spier Arts Academy announces 2015 recruitment drive

              Agriculture
                A project to empower women with skills to start a business
                Profitable partners or partners facing painful problems? - Derick van der Walt

                Building
                  Construction sector braced for more pain - Andries Mahlangu
                  Construction of Baywest N2 bridge completed
                  Kwikspace delivers first ever rental units in Namibia

                  GreenBiz
                    Services of DEA scaled down during move to new premises
                    African businesses realise advantages of going green
                    Philips provides solar-lit Light Centre for SU soccer field

                    HR & Recruitment
                      The role of purpose in driving tech innovation
                      Are South African or sub-Saharan African entrepreneurs the best?
                      Why SMEs are not hiring, and why they should

                      Legal
                        Section 44 of LUPO declared unconstitutional - Jyoti Narshi
                        City of Johannesburg's Supplementary Roll 11 is unauthorised - Chantelle Gladwin
                        If you like it, then you should've put a ® on it - Tiffany Conley

                        Manufacturing
                          Hundreds of thousands saved at Eskom's Malta Power Plant
                          MTN launches first-in-Africa cooling system

                          Property
                            ShowHOUSE joins the mobile revolution
                            Blue Views acquires South Beach Camps Bay

                            Education
                              Print on demand to solve the textbook crisis one page at a time
                              [EduWeek] A Wi-Fi solution that works, a superior alternative

                              Tourism
                                Cape Grace wins Travel + Leisure accolades
                                A great repast at The Plettenberg - Brian Berkman
                                Visa centres contribute to job creation - More Matshediso

                                ICT
                                  Mobile and tablet shopping continues to grow
                                  A checklist for cloud readiness
                                  Stay abreast of emerging software development trends in SA - Mark Beets

                                  Logistics
                                    Investment in road infrastructure will unlock growth
                                    Vivotek camera monitors behaviour patterns of drivers
                                    Minibus taxi industry should be professionally managed

                                    Lifestyle & Entertainment
                                      Ovation Awards winners announced
                                      Local is lekker with Chef Hajierah - Angie White
                                      All about the dress, Q&A with KLûK CGDT - Jessica Taylor

                                      Automotive
                                        New Vehicle Pricing Index reveals unexpected decline in used car inflation
                                        Global recall does not affect South African Subaru owners
                                        Finalists of WOW Women's Car of the Year announced
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