The rand’s vertiginous slide over the past few days has caused concern among South Africans, prompting economists to urge new finance minister David van Rooyen to hike interest rates. The local currency broke through the R16 barrier to the U.S. dollar, and R17 to the Euro on Friday, two days after President Jacob Zuma fired Finance Minister Nhlanhla Nene, replacing him … [Read more...] about S. African new finance minister urged to hike interest rates
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D-Day for Eskom tariff hike decision
Electricity consumers will know on Monday whether Eskom has succeeded in its application for a tariff hike of 9.58%, to bring the total tariff increase for the 2015/16 year to 22.27%. The National Energy Regulator (Nersa) announced in early May that it had received Eskom’s application for the re-opening of tariff negotiations for 2015/16. Eskom […] The post D-Day for … [Read more...] about D-Day for Eskom tariff hike decision
Rates hike looms for high-rise tenants – Independent Online
Independent OnlineJohannesburg – Tenants in the inner city of Joburg could be forced to pay 300 percent more in municipal rates than residents of Sandton if the City of Joburg has its way in a potential landmark case. The city plans to apply commercial rates to … and more …read more Via: Johannesburg Google News MyJHB Read more on MyJHB. Join the … [Read more...] about Rates hike looms for high-rise tenants – Independent Online
