Business

Solar energy might be the solution for South Africa

More South African homeowners are choosing to move to solar panels due to increasing affordability and the wide range of benefits they offer. However there are also options for homes looking to only partially integrate solar power into their current…

How Facebook Posts have caused South Africans to be denied insurance claims

South Africans should be wary of what they are posting on social media as insurance companies are on the lookout for evidence of reckless behaviour or dishonesty. “People are very open on social media without thinking about the reach or…

Gauteng is no longer the highest paying province in South Africa

The Western Cape now has higher salaries than Gauteng, according to a prominent recruitment agency. Average Salaries in the province top those in Gauteng by more than R60,000. Most jobs are being advertised in IT, consultancy, technology, engineering, accounting and…

49M not enough for Makate by Vodacom

Johannesburg – Cellphone giant Vodacom said on Thursday that it would not be moving from the payment offer it had made to the inventor of “Please Call Me”, Nkosana Makate, despite public pressure and protests against the company.  This as…

Vodacom share price affected by ‘Please Call Me’

Vodacom’s share price declined by more than 7 percent at one stage on the JSE yesterday, after it reported a surprise slowdown in its South African service revenue growth due to weak consumer spend as competition for market share heats…

Vehicle prices increase in South Africa

The index reveals that new vehicles prices showed an annual increase of 2.5 percent during the fourth quarter of 2018, versus 2.4 percent in Q4 2017, while used vehicle inflation slowed to 1.6 percent in the last quarter of 2018,…

Maria Ramos steps down as Absa CEO

After 10 years of service at Absa February will be Maria Ramos’s last month as the CEO of Absa, after 10 years at the helm of the bank, the group announced on Tuesday morning. “She has chosen to retire when…

Vodacom claims MTN invented the ‘Please Call Me’ first

‘Please Call Me’ inventor MTN allegedly created the idea and patented it a month before Makate approached Vodacom with his version. After a convoluted court battle and immense negative publicity, telecommunication giant Vodacom has claimed that MTN invented and patented…

Tenant shouldn’t pay more than 30% of their net income for rent.

Nearly two out of every five tenants in South Africa are deemed to be ‘risky’, says automated rental payment and reconciliation platform, PayProp. On average, 14.2% of South African tenants are classified as minimum-risk according to their credit scores, while…

Fine to paid by SABC and Ster-Kinekor for massive price fixing

Ster-Kinekor, Primedia, and the SABC have admitted to being involved in price fixing and have reached settlement agreements with the Competition Commission. This follows an investigation initiated in November 2011 which found that the media companies colluded through the Media…