Riazat Butt reports on the Kashmiri activist who inspired Islamic Rage Boy
At midday, the JSE was still hanging below the negative 2% mark as it continued to follow world markets which were still stumbling from the Dow’s losses on Thursday night. At 12.01pm, the all-share index was 1,86% lower. Resources fell 2,47%, the gold mining index lost 2,10% and the platinum mining index was off 2,62%.
The South African Revenue Service (Sars) has cautioned taxpayers not to be misled by irresponsible tax advice when they complete and submit their income-tax returns. Sars has taken note of public calls from certain lobby groups who are advising people incorrectly on how to complete their tax returns in a manner of protest.
With lower total returns expected across all asset classes for the next three to five years and people living in retirement far longer, investors looking for inflation-beating returns would be wise to consider allocating a higher proportion of their savings to growth assets, like equities.
In terms of the new National Credit Act, insurance companies, under prescribed conditions, can access consumer credit information to assess applications for insurance. However, consumers must give their consent before an insurance company is allowed to pull their credit data from credit bureaux for insurance assessment purposes.
The National Credit Act means that lenders need to be more circumspect about granting debt, but this doesn’t absolve consumers from taking responsibility for their own financial affairs. "You can still get into trouble if you aren’t careful about managing your financial affairs," says ICE spokesperson Paul Maggott.
Rescue services are using boats to evacuate residents of a flooded settlement near Philippi outside Cape Town in the wake of a massive cold front that has brought heavy rain to the Western Cape. ”Metro [rescue services] and the police are using rescue boats to evacuate people,” Disaster Risk Management Centre manager Walter Solomons said.
Typing the movie title Bourne Ultimatum into Google brings up an enticing promotional offer as the first result. Join in The Ultimate Search for Bourne, it demands. This is an alternative reality game (ARG), developed by media company Big Spaceship for Google and Universal Pictures.
”The whole industry is disappointed with Windows Vista.” That’s what Gianfranco Lanci, the Italian president and CEO of Acer, Taiwan’s biggest computer company, told the German edition of the Financial Times on Monday. ”Also, that won’t change in the second half-year,” he added.
Traditional media companies face a very modern dilemma: should their websites be free or paid-for? The trend recently has been to plump for the free model and bring in revenue via advertising. This means that websites that had in the past been subscription-funded have started to move to the ad-supported model.