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  • Rand gets ratings boost
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Banks send price hike warning to South Africa

May 23, 2022 Neil Hall 0 Comments

After two years of lockdown restrictions, the war in Ukraine, and the return of a higher inflation environment, it seems

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FINANCE 

Updated minimum wage planned for South Africa

May 23, 2022 Neil Hall 0 Comments

The Department of Employment and Labour has confirmed that it will be formalising a new minimum wage for South Africa

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FINANCE 

Rand gets ratings boost

May 23, 2022 Neil Hall 0 Comments

South Africa’s rand traded firmer at R15.75 on Monday (23 May) after ratings agency S&P Global upgraded the country’s outlook

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FINANCE 

No money to meet massive wage demands: SARS

May 23, 2022 Neil Hall 0 Comments

The South African Revenue Service (SARS) says that it has engaged unions over the current wage dispute, and has presented

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FINANCE 

SARS is saying ‘no’ to some taxpayers looking to leave South Africa

May 21, 2022 Neil Hall 0 Comments

South African taxpayers require a non-resident confirmation letter to stop paying tax when permanently leaving the country – but what

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FINANCE 

Reserve Bank talks up digital rand progress for South Africa

May 20, 2022 Neil Hall 0 Comments

A digital rand in South Africa could cut the high cost of cross-border payments for banks, says Juben Naidoo, deputy

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FINANCE 

Reserve Bank hikes rates by 50 basis points

May 19, 2022 Neil Hall 0 Comments

The South African Reserve Bank’s Monetary Policy Committee (MPC) has voted to hike interest rates by 50 basis points, taking

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FINANCE 

5 reasons why South Africa’s economy is struggling right now

May 18, 2022 Neil Hall 0 Comments

South Africa faces a tough economic quarter, says the Bureau for Economic Research (BER), with low GDP momentum exacerbated by

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FINANCE 

8 things that are more expensive in South Africa – and 3 that got cheaper

May 18, 2022 Neil Hall 0 Comments

Statistics South Africa has published its latest consumer price index, showing that annual headline inflation remained flat at 5.9%, unchanged

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FINANCE 

Cash hoarding at 2001 high on stagflation fear, poll shows

May 17, 2022 Neil Hall 0 Comments

Investors are piling into cash as the outlook for global growth plunges to an all-time low and stagflation worries mount,

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