Articles

Business Confidence Index November 2018

SACCI PRESS RELEASE Thursday, 6 December 2018 Maintaining business confidenceย ย ย  SACCIย released the November 2018 Business Confidence Index (BCI) at itsย offices in Illovo, Johannesburg. SACCIโ€™sย Business Confidence Index (BCI) for November 2018 measured 96.1 and increased by only 0.3 index point month-on-month. The BCI was one index point higher than in November 2017. The upward momentum ofโ€ฆ
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The SARB Announces a Partnership with UCT to Host the Research Chair in Financial Stability Studies

Press statement 04 December 2018 โ€“ The South African Reserve Bank (SARB) is pleased to announce a partnership with the University of Cape Town (UCT) to host the Research Chair in Financial Stability Studies. Professor Co-Pierre Georg will chair the portfolio, which will be housed within the African Institute of Financial Markets and Risk Management,โ€ฆ
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Employers Canโ€™t Hide Behind Technicalities

BYย  ย Ivan Israelstam, Chief Executive of Labour Law Management Consulting. He may be contacted on (011) 888-7944 or 0828522973 or on e-mail address: [email protected]. Web Address: www.labourlawadvice.co.za. The Labour Relations Act (LRA), in its definition section says that an employee is someone who works for an employer. However, the designers of the LRA failed toโ€ฆ
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City Investigates Pikitupโ€™s R36-million Waste Crusher Tender

City of Johannesburg Press Statement by The Executive Mayor, Cllr Herman Mashaba City investigates Pikitupโ€™s R36-million waste crusher tender 28 November 2017 Today, I instructed the Cityโ€™s Group Forensic and Investigation Services (GFIS) team to investigate Pikitupโ€™s acquisition of 6 unused waste crushers which were bought in 2014, at a cost of R36-million. One ofโ€ฆ
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Nedbank โ€“ Ratings Actions November 2017

Key points S&P Global has downgraded the South African longโ€term local currency sovereign credit rating to subinvestment grade BB+ (stable outlook) from BBBโ€ and the longโ€term foreign currency sovereign credit rating to BB (stable outlook) from BBโ€. This followed the earlier foreign currency debt downgrade to junk status in April. Moodyโ€™s has left its equivalentโ€ฆ
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Over R16 billion Investment Needed for Ageing Water Infrastructure

City of Johannesburg Press Statement by Executive Mayor, Cllr Herman Mashaba Over R16 billion investment needed for ageing water infrastructure 24 November 2017 Yesterday I was joined by the Speaker of Council, Cllr Vasco da Gama, and Member of the Mayoral Committee responsible for Environment and Infrastructure Services, Cllr Nico de Jager, and officials fromโ€ฆ
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