Economy

 

Cape Town the ‘most dangerous city’ in SA:- The City of Cape Town continues to lead in high crime statistics across the country

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The father of three young boys aged between 6 and 16, Gerald Nomlala had first-hand experience of crime when he was attacked by two armed men while sleeping in his Khayelitsha home. Nomlala, 48, was woken by a knife-wielding man standing over him at around 2am one night in December. The men gained entry through..
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The Chinese are sowing havoc in countries they ‘own’, they evicted scores of villagers, Zim now in the firing line!

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SCORES of villagers from Domboshava near Harare face eviction after a Chinese quarry miner took over a mountain in the area where it intends to start mining operations, it has been revealed. Information, Publicity and Broadcasting Services deputy minister Energy Mutodi, who is also the MP for the area, put the number of affected people..
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What is Financial emigration and what does it involves? – Tim Powell explain (Sable International)

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Financial emigration is an exchange control matter that allows a South African can, with the approval of the SA Reserve Bank, to be classified as a non-resident of the country, explains Tim Powell, director of forex at Sable International. South African residents who have been living abroad – but have not officially emigrated through the..
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South Africa’s Tourism:- The question that remains is, how will South Africa’s tourism fare in 2019?

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South African tourism still leads as Africa’s leading destination but lately, it’s growth has seen a notable decline and this was more visible in the sector’s performance in 2018. As reported by Tourism Update, the country, in 2018, saw a 1.9% decline in its tourism economy. South African tourism has a new challenger. Furthermore, the..
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The UK Government announces that they are now reforming the Immigration route

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In its latest Statement of changes, published on 7 March 2019, the UK Government has made it very clear that it is moving away from the Points-Based Immigration system (PBS). Both the Tier 1 Entrepreneur and Tier 1 Graduate Entrepreneur route are falling away shortly. These routes will be replaced with an Innovator and Start-up..
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The cash-strapped and highly violent Zimbabwe asked South Africa for $1.2bn loan, that will be R17 billion rand

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If you don’t ask, you don’t get, right? The SA Treasury has revealed they’ve turned down a request from Zimbabwe for a monster loan.
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The well known franchise Starbucks’ expansion runs out of steam in South Africa

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High operating costs and tight customer budgets have left US coffee giant Starbucks needing a caffeine hit after it abandoned ambitious expansion plans in South Africa.
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Many people in Gauteng, the Western Cape and KZN say they are selling their homes so they can emigrate

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While estimated selling in order to semigrate has subsided sharply in recent quarters, the trend towards selling in order to emigrate has increased.
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South Africa To Invest $1bn In South Sudan’s Oil Sector that is dominated by Asian firms

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South Africa To Invest $1bn In South Sudan's Oil Sector

South Africa will invest $1 billion in South Sudan’s oil sector, including in the construction of a refinery, the South African minister for energy and his South Sudanese counterpart for petroleum said on Friday. South Sudan’s oil industry is dominated by Asian firms including China National Petroleum Corporation, Malaysia’s Petronas and India’s Oil and Natural..
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