shoes-retail

A Woolies Near You: South African Business Going Global

By Guest Contributor 02-10-15 10:19

When Truworths announced two weeks ago that it was in talks to take over British shoe retailer Office, the international business community was alerted once again to a brazen, if not new, player on the horizon – South Africa. Slowly but surely since sanctions ended, South African businesses have been spreading their wings (think only of the gobbling up, […]

British Airways Cuts Some Cape Town Flights for 2016

By SAPeople 01-10-15 07:42

LONDON – British Airways has announced it will cut two of its seasonal flights to Cape Town in 2016, which some have ascribed to the new visa restrictions for South Africa. BA said the flight to Cape Town on Thursdays and Saturdays, and the return flight on Fridays and Saturdays would end on March 27, 2016, […]

SA Women in Business and Law Hit the Headlines

By SAPeople Contributor 28-09-15 10:42

On different continents last week, two South African women were in the news for their remarkable achievements in mining and justice. In New York, Daphne Mashile-Nkosi, chairwoman of Kalagadi Manganese, was named the Most Outstanding Woman in Business at the 2015 African Business Awards. At the same time, in South Africa, Justice Mandisa Muriel Maya was appointed the […]

johannesburg-shoppers

Analysis – Commodities’ dive raises doubts over Africa’s ‘middle class’

By SAPeople 24-09-15 18:10

JOHANNESBURG (Reuters) – Whether it’s selling pensions, pasta or toothpicks, investors in Africa have been targeting the booming middle class. But a year of diving commodity prices has exposed how much the continent, and its consumers, still rely on exporting resources. A decade of growth above five percent in sub-Saharan African economies has drawn a […]

company-mtn

MTN Top Brand out of South Africa’s 50 Best

By SAPeople Contributor 16-09-15 18:32

The three most valuable corporate brands in South Africa are multinational mobile company MTN, Vodacom and Sasol, according to a Top 50 list released on Tuesday. The announcement was made by Brand South Africa and Brand Finance Africa in Johannesburg. The other top 10 spots were taken by Standard Bank, FNB, Woolworths, Nedbank, Absa, Investec and, in 10th position, […]

Jasper solar powers about 80,000 homes in South Africa.

Solar Gets an Energy Boost in South Africa

By SAPeople 14-09-15 15:03

Solar energy is in the air right now, and in more ways than one. South Africa’s biggest solar farm, one of the world’s largest, has been on line for almost a year. Google is eyeing out South Africa more and more for its new foray into solar energy. And a world-leading team from Stellenbosch will, […]

Over a Quarter of Africa’s Millionaires Reportedly Live in South Africa

By SAPeople Contributor 10-09-15 06:30

Africa has 163,000 dollar millionaires, and almost 30 percent of them live in South Africa, according to a report by a Johannesburg-based global research company. The report – released last week by New World Wealth (NWW) and done in conjunction with AfrAsia bank –  found that Johannesburg has the highest number of dollar millionaires in Africa (23,400), more than double […]

Calling the Rand Bottom. Time to Repatriate Money from Overseas?

By SAPeople 10-09-15 06:30

I am getting serious questions this week whether with the Rand hitting such weak lows, now is the time to repatriate money from overseas. That’s akin to asking whether we are hitting the Rand bottom. In 2000-2001 it took a while for certainty to get home that things really were out of control for a […]

business-mercedes

Rand at Historic Lows Against UK/US Currencies on China Woes

By Guest Contributor 10-09-15 06:30

The South African Rand traded at almost R21.22 to the British pound today (Monday), its worst level ever. The  U.S. dollar is R13.94, meanwhile, slightly up on it worst-ever level of R14.07 on 24 August. The news comes two days before Rand Merchant Bank and the Bureau for Economic Research are to release their business confidence index […]

DA Demands Home Affairs Suspend Visa Regulations to Save Jobs

By SAPeople Contributor 14-08-15 17:59

The Democratic Alliance (DA) made a stand outside the Department of Home Affairs headquarters in Pretoria this morning to protest the visa regulations “that are doing immeasurable damage to our tourism industry and which have the potential to kill tens of thousands of jobs.” DA Leader Mmusi Maimane was joined by several other DA leaders, councillors […]

Important News for South Africans with Foreign Bank Accounts

By SAPeople 11-07-15 13:53

South African residents with accounts and investments in foreign tax jurisdictions have been given until 12 August 2015 to approach the South African Revenue Service (SARS) via its Voluntary Disclosure Programme (VDP) to regularise their tax affairs. In a media statement this week, SARS provided an update on the work it has done on foreign bank accounts held […]

South African winner in Richard Branson Virgin contest

South African Entrepreneurs Win in Virgin’s Pitch to Rich Competition!

By SAPeople 27-06-15 08:48

Congratulations to South African entrepreneurs Jeff Paterson and Oliver Du Toit who won a major business competition in the UK today, and are now poised to revolutionise the way the world exchanges foreign currency! And thanks to all those South Africans who voted to ensure they secured a spot in the top three and were able to pitch […]

Angelina Jolie at the AU Summit

Women Empowerment and Angelina Jolie at the Heart of AU 2015

By SAPeople 14-06-15 18:41

International celebrity and UN Special Envoy for Refugee Issues, Angelina Jolie was one of Twitter’s hottest trends this weekend after appearing at the 25th African Union (AU) Summit at the Sandton Convention Centre in Johannesburg, on Friday. (Watch video below.) Speaking at the ‘Women, Peace and Security’ luncheon, the humanitarian called violence against women a “global epidemic” which is treated as […]

Vote for South African Entrepreneurs (with Awesome Invention) to Pitch to Richard Branson!

By SAPeople 14-06-15 21:29

A couple of die-hard South Africans overseas, who have risked everything to follow their dream, are on the verge of something “enormous”… and would appreciate our voting help to get a chance to pitch their concept to Richard Branson. UK-based entrepreneurs Jeff Paterson and Oliver Du Toit, both from Johannesburg, have created a machine that millions of travellers will want to […]

SA Economist sees a Break in the Clouds

By SAPeople Contributor 07-04-15 11:53

Cees Bruggemans, Consulting Economist at Bruggemans & Associates, sees hope and a brighter future for South Africa… BREAK IN THE CLOUDS by Cees Bruggemans It must be difficult to believe, with Eskom an ever bigger albatross around our necks, an imploding post office, and so from one scandal to the next. But there are breaks […]

BELLO: “We as Black People Need to Demand More of Ourselves”

By Braimoh Bello 22-04-15 23:06

Time to move from diagnosis to prescription… As an epidemiologist who has done work in understanding the ecosocial determinants of health and education, I surely do understand the ills of apartheid. I also understand that its effects will not disappear in one generation. Yes, apartheid was bad and its effect will be transgenerational (to think […]

UK Introduces New Health Surcharge for Anyone Outside Europe

By SAPeople Contributor 25-03-15 15:26

From 6 April, anyone on a South African passport going to live in the UK for longer than six months will need to pay a ‘health surcharge’ in order to gain access to the UK’s National Health Service (NHS). The new ruling – announced this month by the British Home Office – will affect all temporary, non-European […]

Sending International Post? The Answers You Need. SA Post Office Responds to those Photos.

By SAPeople Contributor 20-08-19 23:58

The South African Post Office (SAPO) has responded to the photos that have been doing the rounds on social media depicting so-called chaos at the PO’s International Mailing Hub at OR Tambo International Airport in Johannesburg. The photos by Facebook user Werner Leonard (which have since been removed) sparked rumours of “mayhem” at the PO’s international […]

Nigerian Student Builds Solar Car from Scrap

By SAPeople Contributor 12-02-19 21:07

The thing with solar-powered cars is that you can only drive them during the day. It’s a problem solved by Nigerian student Segun Oyeyiola, who added a wind turbine to his Beetle. Now he can drive all night, too. It cost the Nigerian man more than R70 000 to fight his personal battle against global warming […]

South Africa is not on the Verge of a Precipice

By Ryk van Niekerk 07-01-15 08:50

by Ryk van Niekerk Constitutional democracy will survive the threat of an ANC-in-crisis. Moneyweb recently published two controversial opinion contributions from Max du Preez and Magnus Heystek which garnered a swift, emotional and blunt response from the Moneyweb community. Heystek penned the blog “The death of the rainbow nation” in which he points to the […]

Simonstown Rainbow

South Africa: The Death of the Rainbow Nation…

By Magnus Heystek 10-12-14 16:06

by Magnus Heysteck If anyone reading this column still had any lingering hopes that South Africa is not hurtling towards being a failed state, then I’m sure these hopes were finally dashed by what happened in Parliament on the evening of November 13 2014. When the president of a country, according to some reports, starts sending […]

Richard Maponya’s big dreams for Soweto

By SAPeople Contributor 28-02-15 08:13

It has always been Richard John Pelwana Maponya’s dream to see Soweto grow its own flourishing economy. Born in Limpopo Province on 24 December 1926, Maponya is a property developer best known for building a business empire despite the restrictions apartheid imposed on black South Africans. He was fiercely determined to see Soweto develop economically. […]

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