South African Business Place
A blog by didi
Blog description:
Business and general news blog and articles.
Blog Rank:
South African Business Place ranks 1919 in Africa and 1182 in South Africa. According to site visitors it ranks 5846, and 5847 according to page views:
According to blogroll links it ranks 387 and 38 according to the amount of links within Afrigator blog posts
House prices continuing to decline in SA
There is still a ’sizeable’ oversupply of residential property caused mainly by distressed home owners who are selling their homes due to financial pressure. This is according to the latest FNB house price index.
SA car sales down for June
The woes of the motor manufacturing industry continued in June. Sales figures released by the automobile manufacturers association Naamsa show exports declining by more than 50% in June compared to the corresponding month last year.
Rand retreats slightly from 10-month highs
Bonds ended sharply weaker yesterday with the yield of the R157 government bond at 8.64%. The JSE jumped by 3% yesterday. It was boosted by stronger overseas markets. The all share index closed 661 points higher at 22 710. Financials were 351 points firmer at 16 381 and industrials gained
Johannesburg licensing offices to re-open tomorrow
Licensing offices and testing stations around Johannesburg will be open for business tomorrow following closures today, Chief Superintendent Wayne Minnaar said.
SA battling to bring in more taxes: Gordhan
Finance Minister Pravin Gordhan has told Parliament that government will have to borrow far more money to keep up with its spending plans, this as it battles to bring in more taxes. Money generated through taxes is coming in slower than expected, it’s currently at R 19 billion less than
Cosatu to investigate Sadtu teachers strike in Soweto
Cosatu`s General Secretary, Zwelinzima Vavi says last month teachers’ strike in Soweto will be investigated were Gauteng learners were left without teachers for two weeks. Vavi was speaking at a three day education and skills development conference attended by the federation’s affiliates in Johannesburg today. However the ongoing doctors’ strike
Labour court rules in favour of SABC unions
The Labour Court has ruled against the SABC’s attempts to interdict its staff from embarking on a strike action. The two worker unions — Media Workers Association of South Africa (Mwasa) and the Communications Workers Union (CWU) are accusing the SABC of reneging on a wage agreement signed by both
Cosatu will sign OSD agreement if members are satisfied
Congress of South African Trade Union (Cosatu) says if its members are satisfied with government’s final offer on the Occupation Specific Dispensation (OSD), the unions will sign the agreement within 21 days. Yesterday, government and five trade unions representing the country’s medical practitioners reached an agreement after wage talks
Rand firmer this morning
The rand is firmer, buoyed by talk of a large dollar selling order from two international banks as well as domestic data showing a trade surplus for May.
Doctors union urges members to return to work
The Rural Doctors’ Association of South Africa (Rudasa) has urged its members still engaged in the countrywide doctors’ strike to return to work. This after Government agreed to a revised pay offer for public sector doctors to end weeks of picketing and strikes.
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