Business Day says that the Payment Association of South Africa (PASA) has reduced the maximum amount that can be paid by cheque from R5-million to R500 000 from next July.
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Fin24 says that Absa has launched the OneTouch card that is "contact-less" as it does not need to be swiped through a card machine making it ideal for small-ticket purchases such as cold drinks, snacks or cigarettes.
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Fin24 reports that leading international banks have lent €232-billion to the coal mining companies and electricity generation utilities to keep generating electricity even though coal is one of the biggest sources of greenhouse gases.
Read more >>[Natasha Maroun] The high value of stock held in jewellery stores often makes such retail outlets a common target for criminals. This risk is magnified in the festive season, as retailers increase stock levels to take advantage of the increase in demand, with the number of cases of theft or robbery increasing between 10 and 15 percent during the period.
Read more >> [Marike Stals] The approval of the government's proposed Road Accident Benefit Scheme (RABS) - recently announced as the successor to the much-maligned Road Accident Fund (RAF) - brings hope for much-needed change to the current system.
Read more >> Liberty has again earned an award for best life insurance company in the
Pretoria News Readers Choice Competition 2012, an award they have won for a second consecutive year.
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The City of Cape Town will oppose Sanral's N1-N2 highway toll project in the Cape Town High Court.
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The National Treasury has rejected suggestions that finance minister Pravin Gordhan's hotel accommodation costs are excessive.
Read more >>A report by the Gauteng tolling petitions committee will be sent to the Department of Transport after a vote by the Gauteng legislature earlier this week.
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The South African Revenue Service (SARS) has collected 4.86 million income tax returns in the 2011 tax season.
Read more >>[Paul Vecchiatto] The clothing and textile industry has been little affected by the recent global financial crisis as the competitiveness program had helped stimulate it, says Trade & Industry Minister Rob Davies.
Read more >> Exports to the European Union (EU) are set to become more expensive when proposals to introduce a shipping tax next year are adopted by the bloc, trade policy analyst Peter Draper said earlier this week.
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The inquiry investigating the loss of textile workers' pensions has heard that some of the money placed in a trust of a former clothing union consultant could have been used to buy a multimillion-rand Cape Town property and a luxury car.
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