Inflation steady in May but food prices still increased

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BUSINESS NEWS – Inflation remained steady in May, although food prices continued to increase, with meat being the primary driver of the rise. The inflation rate was 2.8% in...

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Should you buy a new or second-hand car?

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BUSINESS NEWS – Given the overall increase in financial pressures experienced by South African consumers, such as rising food and utility prices, it is important to stretch your rands...

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Why the top 1% never stop growing

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BUSINESS NEWS – Even the world s most successful leaders and top performers, whether Fortune 500 CEOs or a chart-topping artists, view the pursuit of mastery as a continuous...

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Property vs Investment Portfolios

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BUSINESS NEWS – The latest Lightstone property report came out recently, detailing property price inflation across South Africa. The chart below comes from this report, and shows property price

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Transfer of property to heirs

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BUSINESS NEWS – When a person passes away, their estate, which includes all their assets and liabilities, must be distributed in accordance with their will and relevant legislation. Immovable

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R26 billion rescue from World Bank: Can the loan save Eskom and Transnet?

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BUSINESS NEWS – South Africa s energy and logistics sectors are struggling under the weight of neglect and mismanagement, unable to deliver their full potential. Years of poor maintenance...

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John Graham, FCMA, CGMA, elected 92nd president of CIMA and 10th co-chair of the Association

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<p><img src=”https://biz-file.com/c/2506/777017.jpg” width=”240″ height=”135″ alt=”John Graham, FCMA, CGMA, elected 92nd president of CIMA and 10th co-chair of the Association” align=”left”><p><i>Alfred Ramosedi, FCMA, CGMA, from South Africa named CIMA deputy...

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Kenya parliament passes proposed 2025 finance law

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<p><img src=”https://biz-file.com/c/2506/776907-240×135.jpg?2″ width=”240″ height=”135″ alt=”Kenya’s President William Ruto speaks at a press conference after police officers shot protesters demonstrating against Kenya’s proposed finance bill 2024/2025 in Nairobi, Kenya, 25...

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World Bank urges ‘radical’ debt transparency for developing countries

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<p><img src=”https://biz-file.com/c/2506/776895-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>The World Bank is urging “radical” debt transparency for developing countries and their lenders to stave off future crises, it said...

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Zimbabwe says gold-backed currency stable but investor doubts persist

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<p><img src=”https://biz-file.com/c/2506/776846-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>Zimbabwe’s gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over...

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