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How car buyers can survive junk status

How car buyers can survive junk status

Rising fuel and car prices are just some of the costs that will start eating into the budgets of South Africans following recent downgrades.

Finance - By Staff Writer | 27 April, 2017
Infographic: How South Africa’s biggest listed companies have changed over time

Infographic: How South Africa’s biggest listed companies have changed over time

Investment group BayHill Capital has published an infographic showing how the largest companies listed on the JSE have changed over the past 40 years.

Business, Finance - By Staff Writer | 27 April, 2017
Why understanding inflation is so important – Kganyago

Why understanding inflation is so important – Kganyago

Reserve Bank Governor, Lesetja Kganyago, says South Africa’s inflation is under control and the bank has plans in place to maintain it’s current policy to help protect the poor and ease inequality.

Finance - By Staff Writer | 26 April, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

South Africa;s nuclear energy programme may face its first court hurdle today; Zuma loyalists say everyone in South Africa loves the president and need him more than ever; Sibanye Gold puts its foot down and shut down future projects in SA because of government; and SAA warns of flight disruptions today.

Business, Finance, Government - By Staff Writer | 26 April, 2017
South Africa’s richest face three new wealth taxes: report

South Africa’s richest face three new wealth taxes: report

Both the finance ministry and the Davis Tax Committee this week have taken steps to formulate at least three new taxes to improve the standard of living for South Africa’s poorest and meet revenue targets amid sluggish economic growth.

Finance - By Staff Writer | 26 April, 2017
The biggest types of credit card fraud in South Africa

The biggest types of credit card fraud in South Africa

South Africans have lost almost R4.5 billion to credit and debit card fraud since 2010, the latest fraud data from Sabric shows.

Banking, Finance - By Staff Writer | 25 April, 2017
5 important thing happening in South Africa today

5 important thing happening in South Africa today

Dlamini-Zuma’s claims that schools are teaching children to hate the ANC will be probed; radical economic transformation fans say South Africa overreacted to junk status; SIM-swap fraud victims who lost millions are gearing up to take on the banks; and the ruling party will intro an amended land bill in May.

Business, Finance, Government - By Staff Writer | 25 April, 2017
The average house price in South Africa’s 5 major regions right now

The average house price in South Africa’s 5 major regions right now

House price growth in South Africa’s star performing region, the Western Cape, continued to taper off in the first quarter of 2017, FNB data shows.

Finance - By Staff Writer | 24 April, 2017
Rand firms to under R13 to the dollar – returns to pre-downgrade levels

Rand firms to under R13 to the dollar – returns to pre-downgrade levels

South Africa’s rand hit a 3-week high against the dollar early on Monday morning, following a surge in emerging markets currencies as risks over a shock in the French elections subsided.

Finance - By Staff Writer | 24 April, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

Zuma fuels conspiracies that ‘other governments’ want to rule SA; finance minister Malusi Gigaba had little success convincing Moody’s that the country is stable; harsher punishment, including jail time, is on the cards for drunk drivers; and the DA is looking at legal options to stop the nuclear deal.

Business, Finance, Government - By Staff Writer | 24 April, 2017
Minister blocks R30 million ‘golden handshake’ for Molefe

Minister blocks R30 million ‘golden handshake’ for Molefe

Public Enterprises minister Lynne Brown has blocked a R30 million pension pay-out to former Eskom CEO, Brian Molefe, the government said on Sunday.

Finance - By Staff Writer | 23 April, 2017
How to avoid being turned down for a home loan

How to avoid being turned down for a home loan

When you apply for a home loan, lenders will look at many factors before deciding whether to approve your application or not – and if you don’t ‘pass the test’ for any one of these they are quite likely to turn you down.

Finance - By Staff Writer | 22 April, 2017
5 things you need to know in South Africa today

5 things you need to know in South Africa today

Blade Nzimande has called for a meeting with alliance partners after president Jacob Zuma ignored the party’s call for him to step down; The Supreme Court of Appeals has agreed to hear Zuma and the NPA’s appeal against the reinstatement of 783 criminal charges against him; Parliament will investigate why Zuma deployed soldiers at SONA; and over R14 billion in civil claims were instituted against the SAPS.

Finance, Government - By Staff Writer | 21 April, 2017
Standard & Poors warns of further downgrades if reforms don’t happen soon

Standard & Poors warns of further downgrades if reforms don’t happen soon

South Africa’s credit rating could get downgraded deeper into junk status if political uncertainty triggered by the recent firing of the finance minister stalls reforms needed to grow the economy.

Finance - By Staff Writer | 20 April, 2017
5 things you need to know in South Africa today

5 things you need to know in South Africa today

Deputy President Ramaphosa believes that the country can overcome it’s political challenges – but admits that the country hasn’t been this divided since 1994; S&P threatens to downgrade SA’s credit further if political uncertainty continues to stall reforms; The Council for the Advancement of the SA Constitution threatens Zuma with a lawsuit if he doesn’t sign the new anti-corruption FICA bill; and the ANC has stopped the DA’s city of Tshwane R8.6 billion debt collection campaign dead in its tracks.

Finance, Government - By Staff Writer | 20 April, 2017
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