Day: June 9, 2016

News

SARB is wrong to increase interest rates

The January South African Reserve Bank (SARB) announcement went on as expected, which was that of the sagacious Reserve Bank Governor, Lesetja Kganyago, addressing a quiet room of curious media personnel. The nation waited, dreading the words of ‘a 50 basis point increase’, which was eventually uttered. In the moments following the announcement, the shock…

News

SMME’s and the ZAR Wars Battle

The recent months in South Africa have witnessed the local unit fall to new lows and then regain some growth. How does this affect the average person or SMME’s and should we even care about what happens in these currency wars? We are significantly impacted by the South African Rand (ZAR). Raw materials are exported,…

News

SONA faces a slow economy

The State of the Nation address (SONA) will have the challenges of a grim economy to contend with. Low GDP growth appears to be a main concern, especially with the World Bank estimating that South Africa could only grow at 0.7% this year. The rand has been extremely volatile in recent months and is being…

News

Rhodes Food Group project culminates successfully

The Management College of Southern Africa (MANCOSA) in collaboration with Human Capacity Consulting and Learning Solutions (HCC&LS) provided training to Rhodes Food Group (RFG) employees. The delegates from the Western Cape, Gauteng and Limpopo Province were enrolled onto the Higher Certificate in Business Management programme which commenced in October 2014. The aim of the training…

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