A more convincing reason why the majority of municipalities are struggling for funds for their operations is that they are wasteful and flout expected accounting procedures, if the Auditor General’s 2012/2013 review is anything to go by. Just 9% of Read the full story
Saving money through stokvels is still considered as an activity associated with the township ‘unsophisticated’ types, the lower end of the financial chain. But the mainstream financial sector should not overlook this ‘hidden’ economy, Mamapudi Nkgadima, Africa Response Managing Director, Read the full story
It’s not what overburdened consumers wanted to hear, but they should get used to it:the National Energy Regulator , Nersa, has granted Eskom permission to raise tariffs next year by over 8% . The move is aimed at enabling Eskom to recover R7.8bn Read the full story
The recent strike in Rustenburg has proved that tough times can either break or build an entrepreneur. Some gambled on a quick resolution which would see the resumption of tills ringing on their premises; for nineteen businesses it was time for Read the full story
South Africa should not expect a miracle in as far as creating jobs is concerned, as long as it is very obsessed with labour legislation, said Woolworths non-executive chair, Simon Susman, at the University of Stellenbosch Business School (USB) in Read the full story
After witnessing the small businesses which are its suppliers struggle to survive or collapse, Standard Bank decided to intervene with an innovative supplier development programme, and the results have been impressive, according to Simone Cooper, Head of Franchising and Enterprise Read the full story
Admittedly, in the process of making some areas in our education system as racially inclusive as the resources would permit, other basic elements at the foundation have been either compromised or ignored. One of the areas is the reading Read the full story
A situation in which women are punished for bearing children is utterly unpardonable two decades into the country’s democracy. This view was expressed at a recent conference which drew trade unions and non-governmental organisations (NGOs). The conference called for an 11 Read the full story
If the Department of Trade and Industry (dti) thinks revising the B-BBEE codes will ensure compliance, it is grossly mistaken, an executive of a JSE listed company told Transform SA in an impromptu interview at an upmarket cafe in Sandton Read the full story
As more focus is on HIV/AIDS, there is one area that has been overlooked: In South Africa, asthma is the third most common cause of hospital admissions of children, yet only 2% of asthmatics receive treatment. Hence to to cut Read the full story