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Latest home-loan data shows early resurgence in first-time homebuyers

Source: Supplied. Rhys Dyer, chief executive officer of ooba Group. The latest data from ooba Home Loans, South Africa’s leading home-loan comparison service, indicates early signs of a tentative recovery among first-time homebuyers— the prized market segment that boosted home-loan activity (and house prices) during the Covid-19 pandemic when interest rates hit a multi-decade low…

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2024 Eco-Logic Awards honours green guardians

Image: Supplied MCed by local comedian Themba Robin, eco-movers and shakers from various environmental sectors gathered to recognise extraordinary achievements in South African wildlife conservation, waste innovation, climate change, water conservation, and more. Now in its 12th year, the Eco-Logic awards has continued to grow in its prestige and influence to become South Africa’s premier…

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BrandMapp’s Stuart Lowe passes away, industry pays tribute

Source: © WhyFiveWhyFive Stuart Lowe of BrandMapp by WhyFive passed away on Monday afternoon On Facebook, his daughter, Kristi Lowe, posted the following message from her mother and herself: The industry’s reaction to his passing has been swift, with tributes pouring in from across the globe. On LinkedIn, Gillian Rightford, executive director, ACA posted: “Sad…

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All adds up: Considerations and calculations behind eye-watering admin penalties

Image source: Tima Miroshnichenko from Pexels The staggering increase in the frequency and quantum of administrative penalties makes it clear that the Regulators are taking no prisoners in executing their mandates to enhance market integrity and to fulfil their strategic objectives to act decisively and visibly against misconduct – especially since the Financial Action Task…

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South Africa aims to attract more private investment into infrastructure

Source: Reuters. “Over the medium term, government is transforming its approach to public-sector infrastructure by creating the conditions to attract private-sector participation,” the National Treasury’s mid-term budget review said. The Treasury also said the government was developing a blended finance risk-sharing platform to build on its independent power-producer programme. The platform will include a credit…

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#MTBPS2024: SA gains school infrastructure funding, but teacher salary support still lacking – MEC Maynier

Source: Unsplash Additional funding for school infrastructure was confirmed but provided no further financial support for teachers’ salaries. Maynier welcomed the commitment to improving educational facilities, but he voiced disappointment over the lack of funding for crucial teaching staff and reiterated his department’s intent to engage further with the National Treasury to address this shortfall….

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Starbucks opens in Bayside Mall, Table View

Image supplied The store is part of Starbucks South Africa’s ongoing mission to make it even easier for local coffee lovers to access the distinctive Starbucks’ experience. Operated under licence by Rand Capital Coffee, the Bayside Mall store offers the full Starbucks menu, including iconic beverages like the Pumpkin Spice Latte and upcoming favourites like…

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US-based MDIF exits Mail & Guardian, sells to local shareholders

Source: © Facebook Facebook The Media Development Investment Fund (MDIF) has exited South Africa’s Mail & Guardian The New York-based not-for-profit investment fund sold its majority shareholding in M&G to minority shareholder and former CEO Hoosain Karjieker and director Thembisa Fakude. Harlan Mandel, MDIF CEO says that although they are sad to be exiting such…

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