Business & Economy

Friday, 17 November 2017 13:05

False alarms put pressure on security companies

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On average, between 94 and 99% of all alarm activations are false alarms. This means that reaction officers spend most of their day responding to false alarms.. Stuart Clarkson, Managing Executive of Fidelity ADT says since false alarms are so prevalent, the resources security companies have available to respond to…
Friday, 17 November 2017 13:02

Too much month at the end of your money !!!

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Saving can be tough, especially when you experience the month-end phenomenon of too much month at the end of your money.  Mellony Ramalho, African Bank’s Group Executive: Sales, Branch Network, says this challenge often becomes even bigger the closer we move to year end where holidays and festive season spending…
In its 99th year, the AVBOB Group has produced a strong set of results despite the weak performance of the financial markets. The announcement was made during AVBOB’s Annual General Meeting which took place on 16 November 2017, where the Society’s financial results for the 2016/2017 financial year were presented.…
by Joon Chong a Partner, Craig Miller a Director and Darren Roy a Senior Tax Manager at Webber Wentzel In this article covering the Taxation Laws Amendment Bill, 2017 (TLAB), we discuss amendments to the Income Tax Act, 1962 (ITA) on the contributed tax capital (CTC) limitations to non-resident shareholders,…
The National InvestSA One Stop Shop is housed at the the dti Campus in Pretoria JOHANNESBURG, South Africa, November 14, 2017/APO Group/ --  The President of the Republic of South Africa, Mr Jacob Zuma will officially launch the InvestSA One Stop Shop – KwaZulu-Natal (Invest SA OSS) on 18 November…
The winners of the annual AGF Africa Service Providers Awards have been announced and Webber was awarded Best legal service: investment funds and Best tax advisory firm. According to African Global Funds magazine (AGF), "The AGF Africa Service Providers Awards were created to honour and generate both industry and public recognition of the…
By Garyn Rapson (Partner) and Kirsty Kilner (Senior Associate) of Webber Wentzel Last Friday, 10 November 2017, the Minister of Environmental Affairs published the 'Proposed Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations' (Draft FP Regulations) for comment.  The Draft FP Regulations seek to entirely replace the NEMA Financial Provisioning Regulations,…
South Africa has experienced a spate of natural catastrophes (NatCats) in recent years. These have ranged from tornados, flash floods, freak hailstorms, deluge, drought and fires, with the last five years in particular racking up billions of Rands in damages and insurance claims.  Linked to climate change, NatCats are becoming…
From a productivity standpoint, South Africa is falling behind leaders in technology JOHANNESBURG, South Africa, November 13, 2017/APO Group/ --  Innovation is a crucial driver that continually creates new competitive advantages as well as opportunities for prosperity and growth. In South Africa, like in other countries, we are facing both…
The importance of trade credit insurance South Africa is currently experiencing difficult political and economic conditions, which has a direct impact on the financial and trading performance of businesses.  Vulnerabilities to external shocks have also increased in a post-downgrade economy, with the impact of it slowly manifesting in financing becoming…
The Portfolio Committee Chairperson, Ms. Joanmariae Fubbs, urged the DTI to be firm in its approach in dealing with the industry CAPE TOWN, South Africa, November 10, 2017/APO Group/ --  Parliament’s Portfolio Committee on Trade and Industry today encouraged the South African Farmers Development Association (SAFDA) and the South African…
Sunday, 12 November 2017 07:21

Coca-Cola Climbs on the Shrinkflation Bandwagon

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AB Inbev manufacturer of Coca-Cola and other well-known cool drink brands has introduced reduced size containers at the same price as the previous packaging to howls of rage from consumers and industry watchers. In a recent snap online poll undertaken by the consumer website Retail Price Watch www.retailpricewatch.co.za  more than…

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