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A shocking cost |
Missing a repayment on your home loan might seem innocuous, but the consequences can be costly in the long term. Read more...
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A rotten land law |
Proposed new expropriation law would be a dangerous piece of legislation if enacted. Read more... |
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AgriBEE charter launched |
agricultural sector's Broad Based Black Economic Empowerment (BBBEE) Charter was launched Friday, 4th April 2008. Read more... |
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Brazil’s oil discovery may yield $1,1-trillion |
Brazil’s offshore Carioca oilfield may hold about 10- billion barrels of recoverable reserves, Citigroup said. This would be worth $1,13-trillion at current prices. Read more...
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Borrowing likely to show ease |
Credit figures due out 30 April 2008, are set to show that borrowing slowed again last month, but that will not be enough to deter the Reserve Bank if it decides interest rates must rise again. Read more... |
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Banks would far rather help than repossess homes |
After a total 4.5 percentage point hike in interest rates since June 2006, banks are eager to keep debt-burdened householders in their homes. Read more...
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Budgets have been good to estate planning |
There are many planning options available - two major taxes are paid on death: estate duty, which is a 20% tax on your net assets, with a R3,5m primary exemption; and capital gains tax (CGT), which is payable at a rate of 20% in a trust. Read more... |
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Business Tip: Due Diligence |
Sanlam Cobalt gives heads up on Due Diligence. |
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Business Tip for the Month of April |
IT and the Lawyer, time and resource wasters. Read more... |
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Check property boundaries when staking your claim |
Buying a stand and building a brand new home to their own specifications is a fondly-held ambition for many homebuyers, but they should take particular care to ensure that the building takes place on the stand they have actually bought. Read more... |
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Court gangster hits |
Is it possible that the prosecution service is a lot straighter than it used to be? Time was, so it is said, that (alleged) criminals and their associates who wanted to lay their hands on the documents pertinent to their case could simply do a quiet deal with the prosecutor. Read more... |
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Cape Town releases 5 year economic plan |
The City of Cape Town has published a five-year plan to stimulate economic growth and development for the Cape metropole and its 3.3 million residents. Read more...
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Campaigner to counter-sue Manuel |
Anti-arms deal campaigner Terry Crawford-Browne has announced that he plans to counter-sue Finance Minister Trevor Manuel with charges of his own. Read more... |
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Due Diligence - The other side |
Business tip of the week, due diligence: the sellers perspective. Read more... |
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District Six revives Cape Town |
Newly spawned property development ‘Six’ promises to awaken and revive Cape Town’s Eastern city precinct a world-famous area formerly known as District Six. Read more... |
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Five expert tips to consider when buying fractional ownership |
Co-founder of fractionalownership.co.za and member of the South African Association of Fractional Intermediaries (SAAFI) Working Committee, Dirk Wilson, provides five expert tips to be aware of when looking at buying fractional ownership. Read more... |
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House prices fall Standard Bank survey |
Standard Bank residential property gauge has shown a fall in house prices for the first time in almost 8 years. Read more...
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Home Affairs smart card pilot on track |
Smart identity cards will be tested by year-end, claims Home Affairs Director-General. Read more... |
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Health team to investigate quality of water in EC |
The Department of Health has deployed an outbreak response team to investigate the quality of water in the Eastern Cape following the death of 24 babies in the Ukhahlamba District. Read more... |
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Holistic Approach |
Plan now. Many people are turning to wealth managers and private banks for estate planning for the holistic view they offer of an individual's entire financial affairs. Louis Venter, MD of Citadel Trust (a joint venture between Citadel and Naudes) discusses this topic. Read more... |
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Import quotas hit clothing factories |
Clothing manufacturers, which should have benefited from the curb on cheap clothing and textile imports from China, are being clobbered as quotas have cut the supply of fabric. Read more... |
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Kruger Park conducts fire experiments |
An experiment is underway in the Kruger National Park (KNP) to prove that fires can be used to rejuvenate savanna ecosystems and boost biodiversity. Read more... |
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Legal battle for Scorpions heats up |
Government intends to oppose an application by a Johannesburg businessman who's seeking to prevent the government from enacting legislation to dissolve the Scorpions. Read more... |
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Landmark UK corruption probe decision |
High Court overturns decision in corruption and alleged bribery of an arms deal. Read more... |
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More hikes to come? |
The door appears open for further rate hikes if the current environment continues to worsen, and no doubt improvement in inflation needs to be seen first before the tightening cycle can truly be called over. Read more... |
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Medical aids hit mums-to-be |
South African medical aid schemes have made a collective decision to stop paying for elective Caesarean sections from April 2009. Read more... |
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Netcare rejects councils’ proposal |
Hospital group Netcare rejected a proposal by the Council for Medical Schemes to introduce collective bargaining between medical schemes and healthcare providers. Read more... |
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No grain export ban for SA farmers |
“We don’t believe banning exports is going to help us in the long run,” Xingwana said in an interview in Tokyo. Read more...
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Official results put MDC in lead |
Zimbabwe's opposition Movement for Democratic Change (MDC) remains in the lead over President Robert Mugabe's Zanu-PF. Read more... |
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Officials took houses meant for poor |
More than 30000 public servants face possible prosecution for defrauding the poor out of low-cost homes. Read more... |
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Online system allows landlords to monitor progress of mortgage transactions |
Currently the GW Live system enables brokers to monitor individual mortgage transactions as they progress through the conveyancing process. Read more... |
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Private hospitals reject state tariff watchdog |
The draft legislation is likely to heighten tension between Health Minister Manto Tshabalala-Msimang and the private hospital sector, which has so far failed to persuade the minister not to regulate their tariffs. Read more... |
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Poor chance for poverty |
Government's rate of investment has increased to over ten percent annually and that of public enterprises to an even greater level, and the volatility of the currency and the severity of interest rate cycles have been reduced. Read more... |
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Rawson en Betterbond vat hande |
Kragte word saamgespan. Lees meer... |
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Reinventing your business to stay in business |
Staying in business is a challenge. Rather than having to respond to a crisis situation, businesses need to reinvent themselves on a regular basis. Read more... |
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Stats SA in hot water |
Statistics South Africa should appear before the finance portfolio committee to explain alleged unreliability in the Producer Price Index, said the Democratic Alliance. Read more... |
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SARS scam hits consumers |
Fraudsters posing as SA Revenue Service (SARS) officials are trying to take tax refunds back from an unsuspecting public, the SA Banking Risk Information Centre (Sabric) warned. Read more... |
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Second chance for TRC failures |
Prisoners who had amnesty applications rejected by the truth commission and people who committed offences with a political motive but were not prosecuted ought to be allowed to apply for a presidential pardon, says President Thabo Mbeki’s reference group. Read more...
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SA could face another decade of power cuts |
While State-owned power producer Eskom was rushing to bring two new large coal-fired power stations on line to ease the power shortage, Kenny said that these projects took a minimum of six years to complete. Read more...
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Subdivision and consent |
Allen West discusses the subdivision of agricultural land and consent in terms of Act 70 of 1970. Read more... |
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Tips to avoid defaulting your home mortgage |
Finding it hard to make home payments? Consider the following steps you can take to make life a little easier. Read more... |
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Tribunal rebukes Vodacom |
The Competition Tribunal has issued a stern warning to acquiring or merging companies that withhold information from it or the Competition Commission, saying this should be seen as serious contraventions of the Act and offenders prosecuted. Read more...
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Taxing the pennies on your eyes |
Though trusts have lost some shine they're still a safe financial vehicle trusts have lost much of their attractiveness as a tax tool but for high net worth individuals they remain an appropriate vehicle to guard their assets. Read more... |
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University offers opportunity to aspirant lawyers |
The University’s Faculty of Law has organised a Moot Court Competition for schools across Pretoria and surrounding areas. Read more... |
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Up up and away |
It’s virtually certain that the Reserve Bank will, once again, raise interest rates when it convenes next week. Read more... |
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We´re doing everything we can - Pick n Pay |
We are very aware of the inflationary pressure on basic foods and are doing everything we can to minimise its impact on customers, says Pick n Pay |
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You snooze, you loose |
The new property valuation rolls are currently being compiled countrywide in terms of the new Municipal Property Rates Act and RealNet CEO Tjaart van der Walt says it’s important for homeowners to understand that they have limited time in which to lodge objections. Read more... |
