Ratings firm sends caution over South Africa’s growth prospects
South Africa’s week of unrest earlier in July could shave as much as 0.7% off the country’s headline GDP growth in 2021, impact consumer spending, and slow the pace of economic recovery, says S&P Ratings. The credit ratings firm said in a research note on…
5 important things happening in South Arica today
Here’s what is happening in and affecting South Africa today: Coronavirus: In South Africa, there have been 5,683 new cases of Covid-19, taking the total reported to 2,383,490. Deaths have reached 70,018 (+243), while recoveries have climbed to 2,169,452, leaving the country with a balance…
Here are South Africa’s new school calendars
The Department of Basic Education has actually gazetted the suggested school calendar for the 2023 scholastic year for remark and verified the school calendar for the 2022 academic year. After 2 years of Covid-19 lockdowns which substantially affected mentor time, both the 2022 and the…
Closed for business — many companies without special insurance won’t survive the looting
Insurance business will feel the pinch as services begin to restore. Picture: Gallo Images/Sharon Seretlo Insurance business will feel the pinch as organizations begin to reconstruct. Image: Gallo Images/Sharon Seretlo Turmoil. That’s how the last couple of days in South African might be explained in…
Make sure this option is ticked on your car insurance policy as civil unrests rise in SA
– Civil discontents are on the increase in South Africa, putting personal effects at threat. – Car owners need to guarantee that Sasria cover is contributed to their insurance plan. – Sasria is a state-owned entity that covers for loss due to demonstrations and civil…
We won’t quibble over claims – just watch out for fraudsters, says Sasria
While some claims will be examined by heavyweight insurance companies such as Old Mutual Group and Santam, the bulk of the concern will be up to state-owned Sasria. Sasria is not contesting the benefits of claims connected to the riots, just looking out for cases…
Retail shopping centres damaged by unrest
Gauteng and KwaZulu-Natal have actually been impacted by discontent consisting of robbery, home damage and violence. Gauteng and KwaZulu-Natal have actually been impacted by discontent consisting of robbery, home damage and violence. Eleven homes of SA Corporate Real Estate Limited have actually been harmed due…
Ramaphosa announces new measures to help businesses hit by pandemic, unrest
President Cyril Ramaphosa (Image: GCIS) Government will assist small businesses that don’t have Sasria cover with financial assistance following the looting during the recent unrest in KwaZulu-Natal and Gauteng, President Cyril Ramaphosa said. He also announced new tax measures, including an increase in the Employment…
The case for car subscriptions in South Africa – how it works vs traditional financing
Driven by strong public opinion to own a lorry, South Africans can invest as much as half of their regular monthly incomes on the expense of a brand-new car, handing over an approximated R6,000 each month to fund the typical brand-new vehicle over 6 years,…
Top 10 most searched for used cars online in South Africa right now
New information from AutoTrader exposes a record high of over 319 million online automobile searches performed throughout the very first half of 2021. The group’s 2021 AutoTrader Mid-Year Industry Report, supplies exact information when it concerns the utilized automobile market in South Africa. The 56-page…
What the average used car looks like in South Africa – price and mileage
New information from AutoTrader reveals that the typical cost of an utilized lorry in the very first half of 2021 was R389,145 with a typical mileage of 77,830 km. The information is drawn from the group’s 2021 AutoTrader Mid-Year Industry Report, which offers accurate information…
Government wants to block foreigners from taking up driver jobs in South Africa
Transportation minister Fikile Mbalula states that he is working along with the Department of Work and Labour to deal with concerns around foreign employees in South Africa. Responding to in a current written parliamentary Q&A, Mbalula stated that this consists of the roadway freight and…