Sat, 15 December, 2018
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JOHANNESBURG - Finance Minister Tito Mboweni has extended the tenure of acting South African Revenue Service (Sars) Commissioner Mark Kingon.The news comes after former Sars boss Tom Moyane's bid to get his job back failed this week.Mboweni has extended Kingon's tenure by 90 days until the president appoints a...
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Emerging markets have become a key contributor to global economic growth but is investing in these economies worth it? CNBC Africa’s Busi Lethole explains.
Helicopter view of Cape Town
The city of Cape Town has won the accolade for ‘Best City’ for the sixth consecutive year, while South Africa was voted second in the award for ‘Best Country’ at the recent Telegraph travel awards in London, the country's tourism agency said.The country was beaten to the top honours...
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The International Monetary Fund recently warned that storm clouds were gathering over the global economy and that governments and central banks might not be well- equipped to cope. CNBC Africa finds out how the global investment landscape is shaping up as well as focus on Africa as an investment...
rooibos crops in cape town
Rooibos, which is exclusively farmed in the Cederberg and Sandveld areas of the Western Cape of South Africa is fast becoming one of the most attractive agricultural products to invest in.Nicie Vorster, spokesperson for the SA Rooibos Council (SARC) says increasingly, the world is counting on agriculture to produce...
Pending retrenchments and a R3 billion bailout may be at the root of the recent exodus of South African Broadcasting Corporation (SABC) board members.December has seen the resignations of board members Krish Naidoo, Khanyisile Kweyama, John Mattison and Mathatha Tsedu.The four made up the interim board that was appointed...
Estate Planning
By Willie FourieEstate planning doesn’t need to be overly complicated, yet there are common mistakes we see people make that can have devastating outcomes for those left behind.  Here’s what you need to be aware of.Watch your wordingA misunderstanding with wording in your will can result in the...
Remaining Financially Fit
The sobering news delivered by our new finance minister in the mid-term budget should give business and property owners pause for thought as they face a bumpy last quarter and prepare for an uncertain 2019. Gary Palmer, CEO of Paragon Lending Solutions, looks at seven ways business owners can...
Zambia's Chamber Of Mines
Mining companies in Zambia may lay off more than 21,000 workers due to reduced capital expenditure over the next three years if the government introduces higher taxes in January, an industry body said on Tuesday.Africa’s No.2 copper producer plans to introduce new mining duties, replace Value Added Tax with...
A lady holding a shopping bag with Christmas presents
We all dream of the festive season being a magical time – although sometimes that magic seems to run out early as our wallets empty way too fast. But there are ways to be smart about your festive spend so it stretches to make the magic last, says Richard...
Wide spread solar panels to generate solar energy.
Energy poverty in Africa is estimated to cost the continent between 2 and 4 percent of gross domestic product a year.This is according to the African Development Bank (AfDB), which is leading the Desert to Power Initiative, aimed at developing and providing 10 gigawatt of solar energy by 2025...
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The theory is about making money work for us instead of us working for money. The idea is about creating wealth flow through PASSIVE INCOME.Dhaval Bathia, renowned Mind Trainer, is the author of 5 international bestselling books that have been translated and published in 14 languages across the world....
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South Africa has been gripped by the events that have been unfolding in the past few months coming out of the State of Capture Inquiry. Some ministers have revealed some shocking occurrences and deciding to resign from their posts in government due to their testimonies. The Zondo Commission currently...
Port Elizabeth
With affordability and value for money key criteria for today’s younger generation of home buyers, the up-and-coming areas of Pinelands, Parsons Vlei, Salisbury Park, Fairview and Richmond Hill in Port Elizabeth certainly tick the boxes for this segment of the market. While buyers across the board are drawn to these...
JOHANNESBURG - The South African government needs to “bite the bullet” and bail out struggling state-run power firm Eskom, which has asked for R100 billion in government support, the chief executive of Rothschild & Co in South Africa told Reuters.Rothschild advised Eskom in 2008 when it last received a...

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