Brics Bank now hiring in Johannesburg
he New Development Bank is formally “open for business” and the recruitment process for its Africa Regional Centre in Johannesburg has started, National Treasury announced this weekend. Treasury said in a statement the bank is in the process of establishing the Africa Regional Centre in Johannesburg, as announced by Finance Minister Pravin Gordhan in his 2016 Budget Speech. Treasury said South Africans are encouraged to apply to...
South Africa’s traditionalist president versus modernist finance minister
It was the battle between South Africa’s traditionalist president and its modernist finance minister that arguably led to the latter’s sacking late last year. Former Minister of Finance Nhlanhla Nene had focused on governance in State Owned Enterprises and capital projects that were unaffordable for the country’s economy. That was in the midst of declining mining and manufacturing sectors and a drought stricken agricultural sector. It...
Eskom seeks to recoup R38bn through tariff hikes
Johannesburg – State power utility Eskom has asked the national energy regulator Nersa for permission to recoup R38bn of costs incurred in its 2014 financial year through higher electricity tariffs starting April 1 next year. “If approved, the outcome of this application is expected to impact the electricity price commencing in 2016-17,” acting chairperson Ben Ngubane said in the company’s annual report, released on Tuesday. The...
Debit Card Decisions
Debit cards help you shop without cash and keep your money somewhere safe. But where’s the best deal? You need a bank account to keep all your hard-earned cash in. As impressive as pockets bulging with Madibas is, your money is just safer in a bank. It can even make you more money while it sits there rather than under your mattress. Debit – pulls money from your actual bank account so you can only use what you have. Credit...
South Africa’s Salaries: What People Earn
CareerJunction has released the findings of its latest salary index, showing the average salaries for over 100 jobs in 10 sectors across South Africa. CareerJunction has released the findings of its latest salary index, showing the average salaries for over 100 jobs in 10 sectors across South Africa. The CareerJunction Index is compiled exclusively for the South African workforce and HR/recruitment professionals. Findings are based on...