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1-10 results from 1000 for query «cash»

16 January 2019 7:24 AM Ramaphosa says independence of the Reserve Bank is 'sacrosanct'

President Cyril Ramaphosa says there are no plans to interfere with the independence of the SA Reserve Bank, in an apparent climb down from what is contained in the ANC's election manifesto. Addressing business leaders on Wednesday morning ahead of the World Economic Forum in Davos, Ramaphosa said what came out of the ANC meeting was a line that only expressed 451

15 January 2019 5:05 PM By killing the internet, Zimbabwe kills commerce and the lights

When the Zimbabwean government ordered internet service providers to shutter parts of the web in an effort to curb anti-government protests, it also plunged homes into darkness because people can’t pay their utilities online. Most people in the southern African nation use Econet Wireless Zimbabwe's Ecocash mobile-phone payment system for daily transactions 410

15 January 2019 7:03 AM Cape Town 'no-fee' schools turning away parents who can't fork out cash, one mother told to pay for her child’s chair

Some "no-fee" schools are insisting parents pay once-off fees - turning away Grade R pupils whose parents can't afford to pay, GroundUp reports. South African schools are divided into five categories, known as quintiles. The quintiles range from the poorest to the least poor, with quintile 1 being the poorest 20% of schools in the country. Quintile 5 covers 149

14 January 2019 2:13 PM Tongaat Hulett appoints new CEO to sweeten its prospects

Tongaat Hulett [JSE:TON] has announced that Gavin Hudson will serve as the sugar producer’s new chief executive officer and its newest executive director from the beginning of February. This comes during a period of considerable difficulty for the company, including a recent 12% dip in its share price in November and failure to meet key targets, which 396

08 January 2019 1:29 PM More than R80bn in unwanted Christmas gifts to be returned

They've just come through an exhausting festive season, complete with overcrowded stores, reckless spending and extended working hours. But now retailers are in for another shopping frenzy – this time it's to reverse all those sales that just weeks ago saw their profit skyrocket. Research by the Centre for Economics and Business Research has found that one in every 166

08 January 2019 12:08 PM Cash bonuses for India heroes after Australia Test triumph

New Delhi - India on Tuesday awarded cash bonuses of up to $85 000 (R1.2 million) for Virat Kohli and his players who secured a historic first Test series triumph in Australia. India clinched the four-match series 2-1 in Sydney on Monday, sparking national celebrations. The Board of Control for Cricket in India (BCCI) congratulated the team and announced 81

07 January 2019 1:33 PM Irish embassy still looking for missing citizen who was supposed to arrive in Joburg

The Irish embassy in South Africa on Monday said it was still trying to determine if one of its citizens had arrived in Johannesburg, after he was reported missing. It is believed that Stanley Currie boarded a Johannesburg-bound flight on December 28 from Ireland, but he hasn't been heard from since December 30. The embassy's Paul Evans told News24 that officials 81

31 December 2018 4:48 AM Police uncover R1.5m stash in Durban flat

A 53-year-old man is expected to appear in court on Monday after allegedly running a drug laboratory from an apartment in Umhlanga Rocks, Durban. Mandrax and heroin with a street value of R1.5m was found on the premises. The arrest followed a raid on the premises on Friday night by various police units, KwaZulu-Natal police spokesperson Lieutenant Colonel 98

21 December 2018 5:45 PM SA investors have unrealistic expectations, global study finds

A global study found that South African investors expect their portfolios to return nearly 13% annually over the next five years – almost 3% higher than the global average and 8.4% higher than their actual returns over the past five years. South Africa shows the third highest difference between expected returns and actual returns (8.4%), trailing only Russia 111

16 December 2018 6:20 AM Alleged drug peddler nabbed on street corner with drugs worth R700 000

A major drug haul worth R700 000 was made on a street corner in Benoni on Saturday where a man was found with a variety of drugs, the Ekurhuleni Metropolitan Police Department has confirmed. Acting on a tip, the suspected drug peddler was arrested on the corner of Rothsay Street and Bedford Avenue, spokesperson Wilfred Kgasago said in a statement 65