The demand for used cars has exploded since the start of the pandemic, thanks to a global semiconductor and microchip shortage, which has negatively impacted the availability of new cars. This has also led to soaring prices for second-hand cars, and now insured motorists could be paying the price. Source: BusinessTech
If a business is marketing, distributing, manufacturing, or selling goods and services in South Africa, they must comply with the Consumer Protection Act (CPA) irrespective of the size of the business or whether the business is formal or informal, says the Consumer Goods & Service Ombud (CGSO). Source: BusinessTech
If your workday in Portugal is done, your managers aren’t allowed to email or call you. Except for emergencies. Source: BusinessTech
Since the programme opened in 2012, Portugal’s Golden Visa (GVP) has been a popular choice for South Africans seeking offshore investment and European residency, says Andrew Rissik, a managing director at Sable International. Source: BusinessTech
Isuzu Motors South Africa (IMSA) has introduced its second-generation Isuzu MU-X into the market in South Africa. Source: BusinessTech
Cape Town-based fibre network operator Octotel is piloting Liquid Petroleum Gas (LPG) hybrid vehicles to evaluate the benefits of LPG as an alternative fuel for their large vehicle fleet. Source: BusinessTech
Eskom’s loathsome load shedding has again become a daily part of life for South Africans as the state power utility continues to battle ongoing generation capacity shortages caused by poorly maintained infrastructure. Source: BusinessTech
South Africa’s major export car markets such as the UK and Europe will no longer allow the importation of internal combustion engine (ICE) vehicles by 2030 which means there is an urgent need for added investment to shift to electric vehicle (EV) manufacturing in South Africa. Source: BusinessTech
Discovery, Sanlam and other South African businesses have announced their plans to mandate Covid-19 vaccination for employees. Source: BusinessTech
A large number of homeowners in South Africa are looking to sell their homes either to downscale due to changes in their life stage or affordability, the latest FNB property barometer shows. Source: BusinessTech
