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/ 3 February 2006
South African homeowners are rushing to get a free property evaluation courtesy of a new online automated valuation website.Jose Rodrigues, MD of Cerno Cubed, the company behind the website, says the Real Estate Evaluation Portal is one of the most popular websites in South Africa.
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/ 31 January 2006
More than half the 658 000 jobs claimed by Statistics South Africa’s Labour Force Survey as having been created in South Africa in 2004/05 were in the informal hawker sector, leading critics to question Stats SA’s definitions and measurement of informal employment.
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/ 27 January 2006
Two German nationals living in South Africa, but with overseas bank accounts, have been targeted by banking scamsters using personal identity and banking details, which were apparently leaked by a government department.
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/ 27 January 2006
The City of Cape Town’s financial management
has received the all-clear despite a number of tender irregularities.
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/ 13 January 2006
Indian vehicle manufacturer Tata, having quickly established itself as a leading player in the South African bus and truck market, is starting to make inroads into the car market. Tata’s distributor Accordian Investments launched its Indica and Indigo passenger vehicles in December 2004.
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/ 13 January 2006
There are no clear written or recorded guidelines that specify the conditions under which the government can authorise the use of South African Air Force jets for the deputy president, the Mail & Guardian learned this week. This despite presidential spokesperson Murphy Morobe’s insistence that the deputy president family trip to Dubai last December was in line with Cabinet guidelines.
A local high-tech company has scooped a $14-million deal to import 400 fuel-cell units, a revolutionary technology that could change the face of power supply in South Africa. The United States-manufactured units use a chemical reaction between hydrogen, oxygen and a catalyst to create energy with water as a by-product.
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/ 15 December 2005
South African arms manufacturer Denel expects to realise R500-million in the sale of its non-core assets, which forms part of the government’s policy to streamline parastatals and raise much-needed capital. Denel’s non-core assets include shopping malls, office parks, an electrical products company, a soya processing plant and IT companies.
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/ 15 December 2005
Payments to SABC non-executive board members increased by almost 200% over the past financial year, as the board held almost double the number of board and sub-committee meetings it is required to do. Non-executive emoluments for the year ended March 31 2005 stood at more than R2-million, while in the previous financial year it amounted to R714 000.
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/ 2 December 2005
There is light at the end of the tunnel for South African consumers who are frustrated by excessively high broadband Internet costs and having to wait months for their service to be connected. New draft regulations published this week by the Independent Communications Authority of South Africa are set to shake up broadband service delivery.