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Seven ways to resist the urge to overspend on Black Friday and save money
In the retail world, Black Friday reigns supreme, heralding the start of the holiday shopping season. It is unsurprising that every year, South Africans succumb to the allure of Black Friday. Black Friday and Cyber Monday have combined to form a weekend-long shopping extravaganza, with deals starting on Black Friday, continuing through Saturday and Sunday,
Fairness is the name of the game for South African consumers and businesses
Fairtrade Africa's Be Fair Right Now campaign launches in the second week of November, with an important message for Mzansi: now isn't the time for fairness. Right now, the focus is on fair wages, worker dignity, and environmental sustainability. It's never been simpler for consumers to choose fairness or for businesses to join forces with
SAA on plans to fly to Zimbabwe, Malawi, and Namibia this festive season
As South African Airways hopes to return to full capacity, the state-owned carrier says it restart a number of flights during the festive season. SAA says by the festive season, it will have restarted flights to one airport each in Namibia and Zimbabwe, and to two cities in Malawi. The embattled national carrier, SAA, announced
Brand new R103 billion Oceans mall set open in Durban’s Umhlanga
Dubbed one of the biggest shopping malls in South Africa, the new Oceans Mall is set to open its doors in Umhlanga, KwaZulu-Natal this month. The new Oceans Mall is promising nothing but bringing luxury retail and high-end fashion to Durban’s posh suburb of Umhlanga. The brand new Oceans shopping mall is worth R1.3 billion
Ex-Vodacom and SAA boss Vuyani Jarana unveils broadband company
Former Vodacom boss Vuyani Jarana has launched a broadband company, Ilitha Communications, that seeks to provide affordable internet. As it is backed by two development finance institutions and Microsoft, Jarana says Ilitha Communications also launched its brand services in East London. Jarana, the former CEO of Vodacom Business and South African Airways, has launched llitha
A look at Bluesky, a decentralised social network that has the potential to rival Twitter
On October 27, Elon Musk took the global stage with a sink in hand, completing his takeover of Twitter. The $44 billion transaction had the entire cryptosphere and tech industry buzzing. However, a small Twitter offshoot founded in 2019 is making waves after announcing the upcoming launch of its beta testing app. Bluesky is a
SA cane growers urge government to intervene in Tongaat Hulletts matter
Amid Tongaat Hullett’s financial struggles, the South African Cane Growers Association has urged the government to intervene with an aim to save jobs. SACGA released a statement on Thursday urging the South African government to intervene and save more than 14 000 jobs. The farmers are contracted to Tongaat Hullett Limited, a sugar company that
Limpopo branch nominated Patrice Motsepe for ANC Presidency
A Limpopo branch has nominated billionaire businessman Patrice Motsepe to run for ANC president against President Cyril Ramaphosa and former health minister Dr. Zweli Mkhize. According to a branch of the campaign Unity 2022, Motsepe is the only person "not seen to be corrupt" to lead the country. While Motsepe, the president of the Confederation
New Twitter changes as Elon Musk takes over
Elon Musk is attempting to make his mark on Twitter just days after taking over the service. The world's richest man has been reviewing the company's code with Tesla engineers' assistance, as well as consulting with powerful friends he trusts to help him make important decisions about where the product should go. So far, it
More interest rate hikes are on the way, according to the Reserve Bank
South Africa's central bank said it will continue to use interest rates to control inflation and responded to calls for its mandate to include explicitly promoting economic growth and job creation by stating that monetary policy already targets those indicators. The Reserve Bank's repurchase rate, at 6.25%, remains below long-term levels and in expansionary territory,
Pick n Pay will begin accepting cryptocurrency payments soon
Following the announcement by the FSCA that cryptocurrency will now be treated as a financial product in South Africa. Pick n Pay, one of South Africa's largest grocery retailers, announced on Tuesday that it is expanding a pilot programme to add cryptocurrency as a payment option to more stores following the successful completion of the
<strong>Rand strengthens ahead of Fed decision</strong>
The rand strengthened in early trade on Wednesday, as investors awaited the US Federal Reserve's policy decision later in the day, which could provide clues about future interest rate hikes. The rand was trading at R18.15 per dollar in early trade. The dollar index, which compares the greenback to six rival currencies, was last down
South Africa's new laws for complexes and other sectional titles have been sent to Ramaphosa for signature
The Sectional Titles Amendment Bill has been passed by Parliament and sent to President Ramaphosa for his signature. After being approved by the cabinet in August of that year, the bill was introduced in parliament in November 2020. The proposed amendments, according to a cabinet statement at the time, provide clarity and protect lessees in
<strong>To reduce unemployment, SA must consistently expand by 5%</strong>
Unemployment is one of South Africa's problems, with a current rate of 33.9%, the highest in the list of 82 countries. For the longest time, unemployment has been a major issue in South Africa. According to central bank Deputy Governor Rashad Cassim, South Africa's economy must grow at a rate of 5% for several years
WHAT SHOULD YOU KNOW ABOUT CAR INSURANCE IN SA?
Some motorists may argue that car insurance is too expensive; however, accidents do occur, and driving without insurance can have serious financial consequences. With fuel prices increasing every other day in South Africa, having to pay expensive car insurance on top of the ever-increasing price increase and the state of the SA economy can be
The dos and don’ts in insurance claim process
Insurance claims can be stressful at times, especially when it comes to presenting all of the necessary information and documents and filing your claim as soon as possible. According to Van Deventer & Van Deventer Incorporated – Claims Attorneys South Africa, These changes have also had a significant impact on the insurance industry. Business interruption insurance, medical
WHY IS LIFE INSURANCE SO IMPORTANT?
Life insurance is an important part of your long-term financial strategy because it allows you to plan for the future while paying low premiums. It’s also the financially responsible thing to do to ensure that your loved ones are properly cared for after you leave. Purchasing life insurance helps ensure your loved ones’ financial security
How can you save money on Insurance Premiums?
Insurance Covers compiled a few suggestions that we believe will help you save responsibly on your insurance premiums. Tip 1: Removing car rental from your policy could help you save money on your car insurance. The cost of insurance. If your car is being repaired, you will have to arrange your own transportation. Do you
Artificial intelligence is used for predictive policing in the US and UK – South Africa should embrace it, too
According to the Article by The Conversation, there have been some successes with predictive policing. In a case study conducted in the United States, one police department was able to reduce gun incidents by 47% during the traditionally gun-crazy New Year's Eve. In the first 10 weeks of implementing predictive measures, Manchester police were able to
Standard Bank is looking to expand in Nigeria and Kenya.
Standard Bank is looking for acquisitions in Nigeria and Kenya as the continent's largest lender by assets expands its presence in key markets. Standard Bank Chief Executive Officer Sim Tshabalala stated that the lender is also looking to expand its operations in Ethiopia, where it has a representative office, and in its home market of