Used vehicle sales were to seen to increase in the fourth quarter of 2011 when compared with new vehicle sales, driven by price inflation at a two-year low, according to Fin24.
While the South African Revenue Services (Sars) may have granted a tax amnesty for individuals wanting to transfer their primary properties into their own names (from a CC etc), MoneyWeb points out that this may end up increasing the interest rate on the home loan.
Insolvencies in South Africa in the first eleven months of 2011 were 30,2% lower than the previous year, dropping from 3 703 to 2 584, according to Stats SA.
Table Mountain has been voted one of the New 7 Wonders of Nature, promising increased tourism to the area, vast employment opportunities and global attention.
The ongoing crisis in the Eurozone caused by excessive debt levels in the Irish, Greek, Italian, Portuguese and Spanish economies has reached a stalemate with Brussels proposing a European Central Bank Bonds system which would see the richer nations guaranteeing the debt of smaller nations.
Research In Motion’s (RIM) co-CEOs Mike Lazaridis and Jim Balsillie have resigned, handing the job to Thorsten Heins, who joined the company in late 2007.
The Proteas ended off the five-match One Day International (ODI) series with a loss as Sri Lanka scored 314-8 and secured their second win of the tournament, despite De Villiers and Smith both scoring 125 runs.