Five Newsworthy Things in SA 6th October 2020:

News in South Africa 6th October: 1. Health department under scrutiny: The Gauteng government is facing increasing scrutiny over its health infrastructure spend. The pressure is such that Premier David Makhura is reported to be planning a press conference on Thursday 8 October at Chris Hani Baragwanath Hospital to provide “a comprehensive update of all […]

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Five Newsworthy Things in SA 5th October 2020:

News in South Africa 5th October: 1. Cosatu to strike from Wednesday: As the Congress of South African Trade Unions (Cosatu) prepares to lead protests against corruption and other issues across the country this week, its leaders have dismissed suggestions that the action will be detrimental to the economy. Between April and June, 2.2 million South Africans […]

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Five Newsworthy Things in SA 2nd October 2020:

News in South Africa 2nd October: 1. Sasol to sell 50% of US project: Sasol has agreed to sell a 50% stake in its US base chemicals business to LyondellBasell Industries for $2 billion to help pay down debt. The unit will become a joint venture between the South African company and the US chemicals […]

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Five Newsworthy Things in SA 25th September 2020:

News in South Africa 25th September: 1. National Lottery corruption charges: South Africa’s lottery regulator, the National Lotteries Commission (NLC), has been facing down a slew of allegations of mismanagement and corruption. The commission finally released lists of its beneficiaries under sustained pressure, after first fighting the move. In July, the Organisation Undoing Tax Abuse […]

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Five Newsworthy Things in SA 22nd September 2020:

News in South Africa 22nd September: 1. Gautrain wants motorists to fork out more: Motorists and taxpayers appear set to become the cash cow to enable the government to reduce its percentage of the funding of the multi-billion rand expansion of the Gautrain. Gautrain Management Agency (GMA) CEO William Dachs said on Monday: “We firmly believe […]

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Claiming money from UIF: What you need to know:

Claiming money from the UIF: What you need to know:   The coronavirus crisis and lockdown have paralysed businesses and left many in South Africa without an income. Enter the Unemployment Insurance Fund (UIF), which should help those in the formal sector with some form of payment in this time. When a contributing worker becomes […]

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Investing as a young person:

Investing as a young person:   Investing doesn’t have to be complicated. Sadly though when you’re just starting out, it can be a hard ask due to so many competing demands. You also need some basic investment knowledge, which often supplied in high school classes or college. On a positive front: There are more attractive […]

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