11 Nov 2014Contact usSubmit newsAdvertise on bizList your companyHome
  My account

Finance & Insurance

Weekly top stories


Moody's downgrades SA
PRETORIA: Credit rating agency Moody's Investors Service has downgraded South Africa's credit rating one notch from Baa1 to Baa2, while also revising the credit outlook from negative to stable, said National Treasury. read more>>



Finance
2014 Nedbank Capital Sustainable Business Awards winners announced
Now in their third year, the Nedbank Capital Sustainable Business Awards were established to broaden the scope of the successful Nedbank Capital Green Mining Awards that ran between 2006 and 2011. read more>>
Banking
Growthpoint at the forefront of the green building movement in SA
As a result of its commitment to sustainable development, Growthpoint Properties was rewarded for its Tshedimosetso House project at the 2014 Nedbank Capital Sustainable Business Awards for Infrastructure and Renewable Energy. read more>>
Financial Services
Consumer Credit Index indicates upward movement in third quarter
TransUnion released the third quarter Consumer Credit Index (CCI) yesterday, 5 November 2014, which shows that credit health deteriorated at a slightly slower pace in Q3 than during Q2 2014. The CCI increased from 48.9 in Q2 2014 to 49.3 in Q3. read more>>
Markets & Investment
Interest rates will peak at lower rates than previous cycles
According to Graham Tucker, Old Mutual Balanced Fund manager at Old Mutual Investment Group's MacroSolutions boutique, it is all but a given that real returns going forward will be lower than in the past and rising interest rates will put further pressure on household budgets. read more>>
Actis buys US$65m stake in Tekkie Town
Tekkie Town will receive a US$65 million investment from Actis, a global pan-emerging market private equity investor based in London. The investment earns Actis a 42.5% share in the South African independent sports and lifestyle shoe retailer. read more>>
Taxation & Regulation
New withholding tax on interest soon into operation

Graeme Palmer

With the new withholding tax on interest soon coming into operation on 1 March 2015, preparations by affected parties for the tax should be well under way. read more>>
Government must control spending: deputy minister
While working to reduce poverty and inequality, South Africa also needs to control the amount of government borrowing, says Finance Deputy Minister Mcebisi Jonas. read more>>
Citizens pay even more tax than firms
The South African tax burden has steadily increased over the past four years with individual taxpayers bearing the biggest part of it as the gap between their contributions and that of companies continues to widen. read more>>
International
Internet tax sparks anti-Orban activists protest in Hungary
BUDAPEST, HUNGARY: When Balazs Gulyas set up a Facebook page about a new Internet tax he had no idea he would soon be organising one of Hungary's biggest demos in years. read more>>
ANZ Bank's GAYTMS
Start-ups say skills, not taxes behind Ireland's draw
More International
Africa
Zimbabwe's economy at crossroads: IMF
HARARE: Zimbabwe's economy is showing no signs of recovery after adverse weather, low exports and election year uncertainty shattered growth prospects, the International Monetary Fund said Friday, 7 November. read more>>
More Africa
Government
State awaits investigation on Sars spying and brothel allegations
Government yesterday remained mum on a further raft of serious allegations against the South African Revenue Service (Sars) including the running of a brothel published in the weekend press. read more>>
SA excels at helping poor
More Government news
Jobs offered
Manager - Creditors - Cape Town
University of Cape Town currently seeks to appoint a suitably qualified and experienced manager: creditors (Ref. SR169/14). Applications close: 17 November 2014 Read more >>



New events to diarise
KPMG forensic ethics workshop
KPMG - 19 Nov 2014 Durban

Lessons from a lifestyle Forex trader
Knowledge to Action - 22 Nov 2014 Johannesburg, Kempton Park

Economic Outlook 2015
GIBS - 29 Jan 2015 Johannesburg

Upcoming events
Private Banking & Wealth Management Conference '14
Trade Conferences International - 12 Nov 2014 to 13 Nov 2014 Johannesburg

2nd Annual Future of Cash Conference
Trade Conferences International - 12 Nov 2014 to 13 Nov 2014 Johannesburg

Executive Assistants and Secretaries Seminar
Ezaletics Consultants Group - 13 Nov 2014 Johannesburg

Ekasi Business Conference
Ekasi Business Conference - 13 Nov 2014 to 14 Nov 2014 Cape Town

Econometric analysis of cointegration
Continuing Education at the University of Pretoria - 17 Nov 2014 to 21 Nov 2014 Pretoria

Econometric analysis of cointegration
Continuing Education at the University of Pretoria - 17 Nov 2014 to 21 Nov 2014 Pretoria

All industry news

Marketing & Media
    Beware digital marketing hype, US research indicates blocks to success
    10 mistakes that could jeopardise your company - Vanessa Bluen
    Sustainability in fishing wins Cookbook of the Year Award

    Retail
      'Clothing will redefine malls' - Alistair Anderson
      Foschini Group wants 'cash shoppers' - Zeenat Moorad
      Importance of the name game... - Callie van der Merwe

      Government
        SAA chair defies minister's instruction
        Union takes aim at SABC over wages

        Mining
          MechCaL begins installation of fans at Anglo Platinum mines
          Pilot Crushtec sales for major coal project in northern Mozambique
          Khanyisile Kweyama is the Most Influential Woman in Africa

          CSI
            Inyathelo honours extraordinary philanthropists committed to sustainable social change
            Driver Wellness campaign making final rounds for 2014
            Sea Harvest's Kids for Kids campaign alleviates waiting list at children's hospital

            Agriculture
              New public-private partnership to address skills shortages in agriculture

              Building
                Plett plan for small boat harbour sinks
                China, SA sign framework agreement on nuclear cooperation
                PPC board warns of risk of destabilisation - Nick Hedley

                GreenBiz
                  New invasive species regulations to have far-reaching consequences
                  Green panel: Time enough to save Earth

                  HR & Recruitment
                    Springleap attracts international funding
                    Is your organisation entrepreneurially healthy? - Emmanuel Zvada
                    Money isn't everything, Kelly survey finds

                    Legal
                      Reversal of rates as a result of a categorisation change - Chantelle Gladwin and Ramon Pereira
                      Cover pricing is collusive in nature - Natalie von Ey and Kitso Tlhabanelo
                      2015 Best Lawyers in South Africa revealed

                      Manufacturing
                        The drive towards green AV solutions - Stefan Mayer
                        Nordex launches large rotor turbine with 28.6% more power
                        Industry forced to embrace change, adapt and face enormous challenges

                        Property
                          Essential guide to building insurance for first-time home owners - Martha Chauke

                          Education
                            Teaching should be a response to 'the calling' - Mautji Pataki
                            Thuthuka Bursary Fund to be presented at World Congress of Accountants
                            Why business leaders support NECT

                            Tourism
                              World Tourism Awards honours top achievers
                              Commonwealth Games would offer great economic growth potential for SA
                              The City Walk will be Cape Town's newest tourist attraction

                              ICT
                                Five reasons why CRM projects flop - Lindsay Britz
                                Better filters are the answer in the fight against spam
                                Busting myths about content charges

                                Logistics
                                  Minister announces resignation of Post Office board
                                  Tolled you so - Peters - Olebogeng Molatlhwa
                                  Imperial sees static or declining activity in Europe

                                  Lifestyle & Entertainment
                                    Music Film Festival at the Labia, Cape Town
                                    Abigail Donnelly chats Eat Out Awards - Ruth Cooper
                                    Explosive Cock & Bull - Daniel Dercksen

                                    Automotive
                                      GM ordered new ignition switches prior to recall: report
                                      Datsun Go fails crash test but is on sale in SA - Mark Smyth
                                      Despite good car sales‚ people still struggling - David Furlonger
                                      PrintPrint any item in this newsletter. EmailEmail any item in this newsletter. CommentComment on any item in this newsletter.
                                      Follow us

                                        Twitter
                                      @FT
                                      Why do some women earn less than men even when they are setting their own pay? http://t.co/hdqEoVdJc7 http://t.co/X7gxzTHLZc - Tue Nov 11
                                      @Forbes
                                      You don't have to pay an arm and a leg - or even full price - to ensure your holidays are merry & bright this year: http://t.co/amZ6Y3v4Xc - Tue Nov 11
                                      @SABCNewsOnline
                                      RT @Newsbreak_Lotus: The rand is trading at 11-rand-26 to the U.S. dollar; at 17-rand-84 to pound sterling; at 13-rand-99 to the euro #sabc... - Tue Nov 11
                                      @Forbes
                                      For years, the gold mining sector has been the worst investment sector imaginable: http://t.co/nQRzv6w7Bn - Tue Nov 11
                                      @Forbes
                                      Managers - good ones, anyway - will often push you to stretch beyond your comfort zone: http://t.co/v6Y9hOK9eC - Tue Nov 11
                                      More tweetsFollow

                                      Today's weather
                                      Cpt

                                      29°C
                                      14°C
                                      Jhb

                                      25°C
                                      14°C
                                      PE

                                      20°C
                                      14°C
                                      Dur

                                      20°C
                                      17°C
                                      Bloem

                                      23°C
                                      15°C

                                      Customise weather

                                      Browse other industries

                                      Press releases: Distribute your news professionally to over 170 000 subscribers across various industries. Read more about our press offices.

                                      Editorial: We welcome your news, views and comments! Email press releases, invitations, interview requests, and proposals to financenews@bizcommunity.com and exclusive opinion pieces to contributors-finance@bizcommunity.com.

                                      Advertising: We welcome your sales enquiries! Email sales@bizcommunity.com and read more about our advertising rates.

                                      Location: Cape Town (head office): tel +27 (0)21 680 3500 | 24 On Main, Main Street, Rosebank, Cape Town, 7700, South Africa. Johannesburg: tel +27 (0)11 513 4172 | Nicol Grove Office Park, Design Quarter, Leslie Avenue, Fourways, Gauteng, 2055.

                                      Subscribe/unsubscribe: Invite your friends, colleagues, suppliers, customers and partners to subscribe!


                                      © 2014 Bizcommunity.com. All rights reserved.
                                      Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein.

                                      Unsubscribe, Manage subscriptions. Subscribe. Change email address. Change frequency to DAILY.