Archives by Tag 'current'

Midterm budget: Government failing to create jobs | Business …

By admin - Last updated: Thursday, October 25, 2012

Many departments are way behind the job creation targets they are to be measured against for the current financial year. No jobs created. One particular concern is the failure of South Africa's industrial development zones.

Gold Field in R2,5bn capex despite SA project deferrals | Find the …

By admin - Last updated: Friday, October 12, 2012

Despite deferring some South African capital projects, Gold Fields is still pursuing a R2,5-billion capital expenditure programme during the current financial year. Writing in the company's annual report, CE Ian Cockerill …

SA vulnerable to shifting sentiment as current account deficit widens

By admin - Last updated: Wednesday, October 3, 2012

“The practical answer is that the current account deficit becomes unsustainable when you can't finance it. In some countries current account deficits of 1% or 2% of GDP aren't financeable. In South Africa , currently we find that …

SHB – Sherbourne Capital Limited – Reviewed Interim Results For …

By admin - Last updated: Tuesday, October 2, 2012

Sherbourne Capital Limited (Previously trading as IFCA Technologies Limited) (Incorporated in the Republic of South Africa ) (Registration number: 2006/030759/06) Share code: SHB ISIN: ZAE000165403 (“Sherbourne” or “the Company”) … Reviewed Reviewed Audited 30-Jun-12 30-Jun-11 31-Dec-11 R'000 R'000 R'000 Non-current assets 77 100 19 Property , plant and equipment 77 – 19 Deferred tax – 100 – Current assets 7,878 189 1,664 Trade and other …

South African miners dig their own hole | Markit Securities Finance

By admin - Last updated: Saturday, September 29, 2012

A perfect storm of labour unrest, cost inflation and weak prices has dampened the prospects for mining in South Africa . … Gold miners are expected to increase payouts by an average of 27% for the current financial year.

SGA SGB – Synergy Income Fund Limited – Audited Financial …

By admin - Last updated: Saturday, September 8, 2012

Audited Financial Statements for the year ended for the year ended 30 June 2012 SYNERGY INCOME FUND LIMITED (formerly Capital Land Retail Fund Limited) (Incorporated in the Republic of South Africa ) (Registration number 2007/032604 /06) JSE share code for A linked units: SGA ISIN: … Two further property acquisitions were completed and transferred to Synergy during August 2012 increasing the current market value of total assets to R1.736 billion. Listing …

Cash crunch forces Zimbabwe to seek regional aid [501818272 …

By admin - Last updated: Thursday, September 6, 2012

By Nelson Banya HARARE (Reuters) – Zimbabwe is turning to South Africa and Angola for help in plugging a $400 million hole in its budget, Finance Minister Tendai Biti said on Thursday, lamenting a lack of foreign … Biti also said Harare was negotiating with Beijing for a $350 million loan to expand its Kariba South power station to provide an additional 300 MW of power to the current 1,000 MW – half of present demand. China's … Boxing, Home of champions in i…

Is Residential Property A Good Investment? | Home Loans South …

By admin - Last updated: Wednesday, August 8, 2012

It depends on the current market climate – whether house prices are growing quickly or declining, and whether you're buying the property as a primary residence or as an investment that can produce rental income. The property market has …

Asking The Right Questions When Buying A Property | My Bond …

By admin - Last updated: Thursday, August 2, 2012

An important aspect of getting a home loan approved is your credit record. It may be worthwhile to check your credit status with one of South Africa's credit bureaus before applying for a home loan . Diminish your current debts …

FINANCIAL LITERACY « Oostco Meyer De Waal: Legal Blog

By admin - Last updated: Thursday, July 26, 2012

With some 2,2 million South Africans in need of a home, it is a concern that mortgage approvals rose by a mere 4% in the past two years. This stands in stark contrast to unsecured lending which rose by 54% over the same … In the current “ affordable home loan” market, for every 1000 interested buyers, a property developer can expect to convert an average of only 40 into home owners. The search for mortgage finance by a prospective home owner may start with …