The Finance & Insurance community of South Africa

Government to grab Zimplat's land

Thu, 23 May 2013 10:56:00 +0200

HARARE, ZIMBABWE: The Zimbabwe government vowed on Wednesday (22 May) it would not roll back on plans to seize 28,000 hectares of land leased to a local subsidiary of the platinum-mining giant Impala Platinum.
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Uniform pay for public service workers

Thu, 23 May 2013 10:37:00 +0200

The Public Administration Management Bill - which will set uniform standards for all three spheres of government - will allow Public Service and Administration Minister Lindiwe Sisulu to address "unjustifiable disparities" in the level of pay given to municipal employees relative to those in national and provincial government.
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More than 9 000 insurance claims disputed

Thu, 23 May 2013 10:14:00 +0200

The Office of the Ombudsman for Short-Term Insurance received 9‚123 complaints against insurers in 2012‚ an increase of 1.7% over 2011‚ according to the watchdog's latest annual report.
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I reckon Michael Jordaan's scared of flying

Thu, 23 May 2013 09:55:00 +0200

Maybe, at 46, he's just read Erica Jong's "Fear of Flying" and decided that what she says is true: So he's changing his life quitting First National Bank (FNB) and exploring new, more exciting and more rewarding challenges.
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Cape Town spends R180m on Volvos

Thu, 23 May 2013 09:35:00 +0200

The City of Cape Town has awarded the tender worth R180m to provide buses for extended MyCiTi bus routes to Volvo SA, a city official, Brett Herron said on Wednesday (22 May).
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Rebosis gets support for Nthwese deal

Thu, 23 May 2013 09:17:00 +0200

Rebosis Property Fund on Wednesday (22 May) reported overwhelming support from its linked unit-holders with 99.9% of votes cast approving the fund's capital raising scheme to buy the Nthwese property portfolio.
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Cars sales - dealers' confidence falls

Thu, 23 May 2013 09:01:00 +0200

Vehicle dealers' confidence dipped in the second quarter‚ WesBank's quarterly vehicle sales confidence indicator showed on Wednesday (22 May).
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Remuneration committees must engage investors - IoDSA

Thu, 23 May 2013 08:50:00 +0200

The contentious issue of executive and director remuneration should be addressed directly through effective communication with investors, in order to rebuild trust between boards and shareholders. This is according to panellists at a breakfast event hosted by the Institute of Directors in Southern Africa (IoDSA).
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Cosatu gains support for toll protests

Thu, 23 May 2013 08:37:00 +0200

The Congress of SA Trade Unions' (Cosatu) will be joined by at least 10 civil society organisations and some religious leaders in a series of protests in the next few weeks against the e-tolling of Gauteng highways.
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Tolls needed to pay road bills

Thu, 23 May 2013 08:22:00 +0200

The non-collection of toll fees could negatively affect the South African National Road Agency Limited's (Sanral's) ability to raise capital for infrastructure development projects‚ Transport Minister Ben Martins said in the National Council of Provinces on Wednesday (22 May).
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