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September 2019
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Posts Tagged ‘money’
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June 7, 2019

New R2 and R5 coins launched

The South African Reserve Bank and the South African Mint have launched a number of new circulation coins, celebrating South Africa’s 25 years of Constitutional democracy.

Speaking at a launch event on Wednesday (5 June), SARB governor Lesetya Kganyago said that the new circulation coins aim to highlight a few of the rights that resonated the most with citizens that were surveyed in South Africa.

“It is, in fact, the first time in the history of the SARB and the South African Mint that South Africans were consulted to this extent in developing coin themes and designs,” he said.

“I am told that, during the engagement with young South Africans, ‘our constitutional [...]

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May 10, 2019

5 BUDGET-FRIENDLY WAYS TO PLAN MORE SUSTAINABLE EVENTS

Feeling powerless to make your events more sustainable? Want to make your events greener without having to ask your boss for permission or spending more money?

In her recent webinar, “5 No-Cost Ways to Green Your Events,” Julia Spangler, sustainable events consultant, offered tips for accomplishing just that, providing actions that event planners can implement right away to create more Earth-friendly events.

“Sustainable, zero-waste event planning can provide unexpected cost savings related to printing, event supplies, catering orders and more,” Spangler said in the webinar. “They may even allow you to surprise your boss with cost savings you didn’t expect, proving that [...]

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April 17, 2019

SHOCK AS R1BN FRAUDULENT RAF CLAIMS

This emerged on Monday when a Port Shepstone teacher pleaded guilty in the Durban Commercial Crimes Court to defrauding the RAF more than 11 years ago.

Phumla Sikhosana, 59, blamed her poor financial situation after her husband’s death for submitting a fraudulent claim to the fund.

She said in a plea statement that she was never a passenger in a taxi that collided with a cow in 2008, but had submitted the claim to defraud the fund of R28 000 through a law firm based in Pretoria, because she needed the money to sustain herself and her four children.

She said she met a man called Ndovela who told her of an opportunity to make money by claiming from the [...]

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August 17, 2018

THE RAND IN RECOVERY MODE!

The lira, the world’s worst performer this year, and South Africa’s rand led the advance as some investors say Turkey’s problems are unique and others look for buying opportunities across emerging markets, writes Bloomberg.

The rand was nearly 2.5% stronger in morning trade against the dollar on Tuesday, after sliding as much as 9.4% on Monday – the most since October 2008.

Bloomberg reported some analysts saying that there are few fundamental reasons for assets across emerging markets to fall because of the lira. Turkey’s problems stem from president Recep Tayyip Erdogan’s standoff with the US administration.

With average inflation rates at record lows and [...]

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