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Posts Tagged ‘Business’
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April 20, 2018

WATCH: What the Old Mutual split means for investors

Old Mutual released its full-year results on Thursday, boasting of a 22% increase in pre-tax profit as it prepares to split its business units.

Group CEO Bruce Hemphill said Old Mutual Wealth, along with Old Mutual Limited, would be listed in London and Johannesburg once the separation was complete. But Hemphill gave no indication of when the listings would take place, saying Old Mutual would play its cards close to its chest.

Hemphill spoke to Business Day TV about the group’s full-year results and gave some more detail on the numbers.

 

 

Source: [...]

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March 15, 2018

WITH BOGEYMAN ZUMA BEHIND, SA STEPS INTO THE POLITICAL UNKNOWN

Over the weekend leader of the Economic Freedom Fighters Julius Malema demonstrated, if another demonstration was necessary, that he intends to make the 2019 elections all about race. At the same time, the election of Cyril Ramaphosa as ANC leader and then president of the country has led to claims that our politics is about to change fundamentally.

It is, obviously, incredibly foolish to attempt to predict the issues and outcomes of the 2019 elections on a date as early as today’s. The land issue could play out in complex and emotive ways, or somehow end up on the back burner as it has for the last 20 years.

Still, the actions of some politicians are rather revealing. [...]

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June 12, 2017

15 Business Tips Every Entrepreneur Should Know

The biggest problem founders and small business owners have is that they’re experts in their field and novices in what it really takes to effectively run a business. That’s what usually trips them up, sooner or later. Don’t let that happen to you. Admit that you don’t know what you don’t know about business, starting with these 15 tips guaranteed to help keep you and your company out of hot water. Some are straightforward, others are counter intuitive, but they’re all true. And some day they’ll save your butt.

Always make sure there is and will be enough cash in the bank. Period. The most common business-failure mode, hands down, is running out of cash. If you know you’ve got [...]

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May 12, 2015

Government Raises Wage Offer to 7%, Union Says

Johannesburg – Government increased its wage offer for nurses, teachers and other state workers, according to Nkosana Dolopi, deputy general secretary of the South African Democratic Teachers Union.

The government’s latest three-year wage offer includes a 7% raise in the first year and consumer price inflation plus one percentage point for the following two years, Dolopi said on Monday by phone.

The housing allowance will rise to R1 200 from R900 a month and medical aid benefits will increase by 29%, he said.

“We will be consulting our members on the latest wage offer during the course of this week,” Dolopi said.

Unions representing 1.3 million state [...]

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