Billionaire Mark Shuttleworth has lost his six year battle for a R250 million refund from the Reserve Bank.
The Constitutional Court has had the final say in the matter, finding that the 10% exit levy he was charged was not … Read the rest
Tag: Reserve Bank
Repo left unchanged but rand sinks
The rand was a touch softer against the dollar on Thursday, coming off the session’s highs after the central bank left rates unchanged despite a hawkish policy statement that had fuelled last minute expectations for a hike.
Governor Lesetja Kganyago … Read the rest
SA’s middle class falling through the cracks
A good television seems to be just as important as preparing for retirement.
Drawing on data from Statistics SA’s income and expenditure survey, and other sources, such as company results, market analysis firm Eight20 yesterday revealed some telling spending priorities … Read the rest