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.
According to the City of Cape Town there was an increase in the number of building plans passed during the last quarter of 2011 compared to the same period in 2010.
The Bombela Concession company said in a statement on Monday that the Gautrain bus drivers who had participated in an illegal strike would be served with dismissal notices.
Property economist Erwin Rode has stood by his latest report which says house prices are overvalued by at least 25%, despite estate agents’ claims of the report being misleading.
Somerset West Somerset West is a town in the Western Cape of South Africa, about 50km east of the city centre and situated in the Helderberg area (formerly known as Hottentots Holland). It was named Somerset in the 1800s after Lord Charles Henry Somerset; the suffix "West" was later added to differentiate it from Somerset East.
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.
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.