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Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

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Rand plummet “due to external factors”

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Editor: Wouldn't it be nice if the article below was in reaction to my early morning Tweet? https://twitter.com/MyPE/status/1028877454159568896 The dramatic plummet of the Rand to the US Dollar is due to external factors and has nothing to do with the country’s domestic economic indicators, economists say. Professors Bonke Dumisa from the University of KwaZulu-Natal and Raymond Parsons from the North West University School of Business and Governance both agreed on Monday that external … [Read more...] about Rand plummet “due to external factors”

PE in the news: South Africa’s rand fell to its weakest level in more than two years against the U.S. dollar

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South Africa's rand fell to its weakest level in more than two years against the U.S. dollar: Studio Tel (Port Elizabeth): 083 913 8 955 (VAS rates apply) Studio Tel (East London): 083 913 8 956 (VAS rates apply) Studio Tel (Garden Route): 083 913 3 866 (VAS rates apply) Telegram: 0617 940 940 ... Source: "Port Elizabeth" - BingNews. How to rescue SA’s land reform policy: Ngebulana heads up Rebosis, the first black-owned property group to be listed on the JSE, which owns a R19-billion … [Read more...] about PE in the news: South Africa’s rand fell to its weakest level in more than two years against the U.S. dollar

PE Business in the news: Defence team strikes back in case against multimillion rand abalone kingpin

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Promote your business on BuyPE and MyPR. Defence team strikes back in case against multimillion rand abalone kingpin: PORT ELIZABETH, August (ANA) - The defence team representing a ... per month from his local businesses in South Africa.Fowke said that he never had any business dealings with Brown and had met him at ... Source: "Port Elizabeth" business - BingNews. Growing number of ABSA clients in PE fall victim to online fraud: A second prominent businessman from Port Elizabeth has come … [Read more...] about PE Business in the news: Defence team strikes back in case against multimillion rand abalone kingpin

PE Business in the news: Warrant of arrest issued for co-accused in multi-million rand PE abalone case

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Promote your business on BuyPE and MyPR. Warrant of arrest issued for co-accused in multi-million rand PE abalone case: PORT ELIZABETH, July (ANA) - The trial of a suspected kingpin ... In a detailed indictment, the prosecution sets out the nature of the business, which allegedly involved the packing, drying, salting, ... Source: "Port Elizabeth" business - BingNews. Warrant of arrest issued for co-accused in multimillion-rand abalone case: PORT ELIZABETH - The trial involving a suspected … [Read more...] about PE Business in the news: Warrant of arrest issued for co-accused in multi-million rand PE abalone case

Uitenhage in the news: Two in court for dealing in over R5 million rand of illicit cigarettes.

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Two in court for dealing in over R5 million rand of illicit cigarettes.: In October, six people were arrested for illicit tobacco trade and cigarettes with an estimated street value of R18 million were confiscated in Port Elizabeth and Uitenhage, Eastern Cape. Source: "Uitenhage" - BingNews. Uitenhage’s links to life in Stone Age probed: A group of Australian university students are on their way to figuring out more about how humans lived between the early and middle Stone Ages – and they … [Read more...] about Uitenhage in the news: Two in court for dealing in over R5 million rand of illicit cigarettes.

BAIC SA announces first equipment arrival for new Multi-Billion Rand SA Plant

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BAIC SA announces first equipment arrival for new Multi-Billion Rand SA Plant: Port Elizabeth, 08 December 2017 — BAIC South Africa (SA) today announced that the first shipment of vehicle assembly plant equipment for the new BAIC automotive manufacturing facility, currently under construction in the Coega Special Economic Zone, has arrived in Port Elizabeth. The R11 billion car plant – a joint initiative between China’s Beijing Automotive Group (BAIC), which is the majority … [Read more...] about BAIC SA announces first equipment arrival for new Multi-Billion Rand SA Plant

Mthatha news: Rand Mutual Assurance

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Rand Mutual Assurance: Its head office is in Johannesburg and has regional walk-in branches located in Carletonville, Durban, eMalahleni, Johannesburg, Klerksdorp, Pretoria, Rustenburg, and Welkom, RMA also has satellite offices in Lesotho, Mthatha, and Mozambique. RMA is on a ... Source: "Mthatha" - BingNews. Officials ensure ‘no taxis operating’ in Mthatha amid violence: Public Order Police and Traffic Officers have been deployed on the R61 road between Mthatha and Port St Johns in the … [Read more...] about Mthatha news: Rand Mutual Assurance

The Rand will be renamed the Zupta

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President Zuma has proven in the past that radical needed change by the ANC to benefit the countries citizens and, by extension, the government of the governing party will not happen. SONA will once again be the adult kindergarten that will show the citizens of South Africa that the only way to live off the rapidly depleting fat of the land is as a politician hell bent on defending party politics and NOT as a responsible citizen that puts South Africa and it's citizens first. The … [Read more...] about The Rand will be renamed the Zupta

How the USA Election Affects The Rand and Investment Opportunities

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How the USA Election Affects The Rand and Investment Opportunities: Undoubtedly USA politics has an impact on the global economy and markets, but what does this mean for South Africans in particular? Will the strong Republican win trigger a weakening in the Rand? Will interest rates hike? Will trade agreements between South Africa and the US suffer? Will Investment Companies notice an increased or decreased international interest in South Africa? A look at historical USA voting trends and the … [Read more...] about How the USA Election Affects The Rand and Investment Opportunities

We may as well blame Jacob Zuma for the increase in the Murder Rate

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We seem to be blaming our President for every wrong thing these days so we may as well blame him for the increase in our country's murder rate as well. (In the run up to the 2016 Elections around 20 politicians were murdered - some may say that is too few!) The South African Police Ministry's top brass appeared before the Parliamentary Committee of Police on Friday to table the 2015/16 crime statistics. Looking at the graph of the increase in Murder Rate after a steady drop was arrested in … [Read more...] about We may as well blame Jacob Zuma for the increase in the Murder Rate

What did the Hawks move against Gordhan cost you today?

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Personally and directly over the last 12 hours - R134.44 I have been bumbling along for a number of weeks now happy in the fact that the Rand seems to be stable and slowly dropping (see here for a #RandHealthCheck). Then the bombshell dropped yesterday with reports that four former SARS officials have been asked to present themselves to the Hawks on Thursday at 10:00 am - these are are Finance minister Pravin Gordhan, former SARS Deputy Commissioner Ivan Pillay, Group Executive Johann … [Read more...] about What did the Hawks move against Gordhan cost you today?

Why is the Rand getting healthier?

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And why Political Parties should be taking notice. On 3 August 206 MyPE began tweeting the Rand Dollar exchange rate daily at 7:30 am. Over the last week the rand has been steadily gaining ground on the dollar starting at R14.0332 and today trading at R13.3729 to the dollar. Could this be as a result of our vigorous elections process demonstrating the power of people and democracy at work? One wonders what will happen when South Africa demonstrates the first hurdle rarely crossed by … [Read more...] about Why is the Rand getting healthier?