22 Jan 2013

Finance & Insurance

 

Tricky disputes

Are you a sectional title owner living under seemingly unconstitutional rules or involved in a tricky dispute? Need some legal advice? Marina Constas, a director of BBM Attorneys and co-author of the book, Demystifying Sectional Title is offering a free half-hour consultation to sectional title owners during the last week of February, dubbing it Sectional Title Week.

University of the Free State chancellor Professor Jonathan Jansen has told first-year students he is ashamed of South Africa, it was reported on Monday, 21 January. "I'm ashamed of South Africa. It's an absolute disgrace that you can pass matric with a mark of 30%," he said.

Some people might say, join the club...

The migration to digital broadcasting from analogue signal has suffered another major setback after yesterday's decision by the Department of Communications to appeal against last month's court decision in favour of e.tv... It's a pity, but it seems we'll be stuck with analogue somewhat longer.

Finance Minister Pravin Gordhan has invited the public to submit their tips on what they would like to see in the National Budget, which he will table next month... What about cutting our taxes a bit?

Rod Baker: Content Director

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Insurance

The cost of road carnage
Carnage on SA's roads comes at a frightening cost in human suffering. It also comes at huge economic cost. Read more >>

Old Mutual downgraded by Fitch
Fitch Ratings has downgraded Old Mutual PLC's (Old Mutual) long-term issuer default rating (IDR) from 'A-' to 'BBB' and its senior unsecured debt from 'BBB+' to 'BBB-' and subordinated debt from 'BBB- to 'BB'. Read more >>

New ad campaign for King Price
King Price Insurance has recently launched a new ad campaign. The first advert and the series to follow track one man's desperate attempts to determine 'how they do it' - How is a company is able to offer the same insurance cover at the lowest price, with premiums that drop monthly? (video) Read more >>


Accounting & Auditing

SA accountants sign MoU with Nigeria
The South African Institute of Professional Accountants (SAIPA) has signed a memorandum of understanding (MoU) with its Nigerian counterpart‚ the Council for the Association of National Accountants of Nigeria (ANAN). Read more >>

Promise closes off 2012 with five new clients
[Issued by Promise Brand Specialists] Promise closed off 2012 with five new account wins. The agency will be delivering through-the-line and Digital solutions to clients within the financial, retail and food services categories. Read more >>  visit press office >>


Finance, Accounting & Banking

FNB will close OFAC accounts of foreigners
[Jenni Evans] First National Bank (FNB) will terminate its relationship with any entities on the United States Treasury's list of organisations targeted for economic and trade sanctions‚ it said on Monday (21 January). Read more >>

Buy now, look to the future
It's a property-buyer's market, but before you start searching, you should think about your needs five years down the line to avoid having to sell and buy again too soon. Read more >>


Investment Management

Labour problems affect Gold Fields
[Allan Seccombe] Gold Fields has warned that 110‚000 ounces of lost production from three major South African mines will affect its performance for the final quarter. It says that unprotected strikes caused the significant drop in production levels. Read more >>

Construction confidence falls once again
[Mark Allix] The FNB/BER construction confidence index fell to 36 points in the fourth quarter of last year‚ having hit a four-year high of 42 index points in the third quarter. Read more >>

Kumba says profits may drop by 30%
[Allan Seccombe] SA's largest iron ore company‚ Kumba Iron Ore warned on Wednesday (16 January) that its profits for the year to December would fall by about 30% because of lower prices and production losses caused by a wildcat strike. Read more >>

Opportunities open up for SA drug companies
[Tamar Khan] Sub-Saharan Africa offers significant opportunities for SA's pharmaceutical manufacturing companies‚ as a growing middle class and an increasing disease burden push up demand for medicines‚ according to research by Frost & Sullivan. Read more >>

Redefine International buying new properties
[Nick Hedley] Redefine International Plc‚ the London Stock Exchange-listed subsidiary of JSE-listed Redefine Properties International‚ said on Tuesday (15 January) that the past four months had been "transformative" for the company‚ which had addressed debt issues and moved into a proactive acquisition phase. Read more >>


Taxation

Send your budget tips to the minister
Finance Minister Pravin Gordhan has invited the public to submit their tips on what they would like to see in the National Budget, which he will table next month. Read more >>


International
Google forced to pay for traffic it generates
PARIS, FRANCE: The head of the Orange said on Wednesday (16 January) it had been able to impose a deal on Google to pay for the vast amounts of traffic generated on its telecommunications networks. Read more >>

More International...


Africa
KFC plans to add even more stores in Africa
[Zeenat Moorad] YUM! Restaurants International continues to expand the footprint of its KFC brand on the African continent, with plans to add stores in Tanzania, Uganda and Zimbabwe this year, the company said on Monday (14 January). Read more >>

More Africa...


Jobs offered
Regional Underwriters - Pretoria/Port Elizabeth/Bloem
Read more >>

BI Business Analyst - Southern Suburbs - Cape
Read more >>

Direct Marketing Assistant - Southern Suburbs - Cape
Read more >>

Direct Marketing Manager - Southern Suburbs - Cape
Read more >>


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