South Africa’s local car market saw a significant shift in pricing trends in the third quarter of 2021, with the new vehicle price index—which effectively measures the inflation rate for new vehicles—halving from the same period in 2020. Source: BusinessTech
Old Mutual Ltd will make it mandatory for all its employees in South Africa to be vaccinated against Covid-19. Source: BusinessTech
Dr Andrew Golding, chief executive of the Pam Golding Property group, says that the average value of the homes sold in South Africa during the first half of 2021 was higher than during the course of last year. Source: BusinessTech
It might not occur to everyone that using social media can hurt a personal injury claim. However, even seemingly harmless media, like birthday wishes or posts about social outings, can potentially compromise a case, say legal experts at DSC Attorneys. Source: BusinessTech
South African police recorded crime statistics point to the types of vehicles targeted by thieves and criminals in the country. Source: BusinessTech
Employees in both the public and private sector in South Africa could see a slight wage increase in 2022, but employers are likely to keep tight controls in place to rein in operating costs, say economists at Nedbank. Source: BusinessTech
South African stocks rallied to a record on Friday, driven by sharp gains in Richemont, after the luxury giant’s earnings beat. Source: BusinessTech
South African fuel prices increased significantly on 3 November and the Automobile Association of South Africa (AA) has warned that R20 per litre could still be on the cards by year-end. Source: BusinessTech
South Africa’s largest trade federation Cosatu has called for the introduction of new wealth taxes in South Africa. Source: BusinessTech
The Department of Transport plans to introduce more ‘labour-intensive’ practices for road projects in South Africa, in a bid to boost job creation across the country. Source: BusinessTech
