A post template

No image available
/ 12 December 2006

SA starts move for new Zuma charges

South African prosecutors have filed an application for a court order that could clear the way for new criminal charges against former deputy president Jacob Zuma, a spokesperson said on Tuesday. The corruption trial of the popular Zuma, once seen as the most likely successor to President Thabo Mbeki, collapsed in September.

No image available
/ 12 December 2006

Massive cash injection for Neotel

South Africa’s second fixed-line operator, Neotel, has signed a R2-billion bridging-debt facility. ”The facility has been fully underwritten by the funding consortium comprising Nedbank Capital, the investment banking business of the Nedbank Group, Investec Bank Limited and the Development Bank of Southern Africa,” the company said in a statement on Tuesday.

No image available
/ 12 December 2006

Agliotti lawyer ‘knows nothing’ about drug charge

The lawyer representing Kebble murder accused Glenn Agliotti ”knows nothing” about plans to charge Agliotti with involvement in a multimillion-rand drugs syndicate. The lawyer, Lawrence Hodes, said he did not attend a brief court appearance on Tuesday by Stephanos Paparas (45) at which it was indicated that another accused was to be added to the charge sheet.

No image available
/ 12 December 2006

Card sharks

We have received several queries from readers about merchants charging for the use of credit or debit cards. Readers have had experiences where, when they come to pay for an item in a store, the merchant informs them that they will have to pay an extra 5% if they wish to use their credit or debit card. Is this allowed?

No image available
/ 12 December 2006

Don’t just blow your bonus

It is the end of the year — a time for fun and festivities. For Tumi, it is also the time when she receives her annual bonus, which will be a 13th cheque of R11 200 after tax. It is wonderful to receive the extra cash and Tumi is already planning all the things she can spend it on. But by making sensible decisions Tumi can make her bonus go even further.

No image available
/ 12 December 2006

Test drive your new home

Buying a home is the biggest financial investment most people will make and it will generally form the largest part of their monthly debt repayments. Yet we tend to spend less time "test driving" our potential new home than we would a new car. Before buying a home, it makes sense to have a professional do a full analysis to make sure you are not buying a dud.

No image available
/ 12 December 2006

Gender commission: Is Phumzile being set up?

The Commission on Gender Equality on Tuesday questioned whether Deputy President Phumzile Mlambo-Ngcuka is being set up for failure because she is a woman. A spokesperson said the commission is wondering whether an incident, where a trip by Mlambo-Ngcuka cost tax payers an estimated R4,55-million, was designed to set the country’s first female deputy president up for failure.