The next Mix 93.8 FM “Biz Mix” Business Networking Session is Wednesday, March 29th, 2017

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The Mix 93.8 FM Biz Mix Networking sessions are the largest sessions of its kind in the “Jotoria” region which brings together business owners, managers and entrepreneurs in a unique interactive networking session.

Meet and network with business owners, managers and entrepreneurs from all areas of Jotoria including Centurion, Diepsloot, Ebony Park, Edenvale, Fourways, Ivory Park, Midrand and Tembisa. This is a milestone for business networking in this area as it brings together the people, their activities, products and services from suburban and township areas alike and provides businesses to get their brand, products and services out to a much wider audience. Continue reading

This one graph shows that more South Africans are leaving the country

A new FNB Estate Agent Home Selling Survey reveals an uptick in emigration-related home selling in South Africa.

One of the questions asked to respondents of the survey is to provide an indication as to the key reasons for selling properties.

“The ‘selling to emigrate’ motive for selling is one that we have been watching closely in recent years, given signs of rising social tensions, along with recent years of economic growth stagnation in South Africa,” said John Loos, household and property sector strategist at FNB. Continue reading

South Africa’s red meat prices set to skyrocket in 2017

South African consumers should brace themselves for a massive hike in red meat prices as livestock farmers battle to rebuild their herds after a three-year drought, warned Agri Eastern Cape analyst and national vice-chairman of the Red Meat Producers Organisation, Pieter Prinsloo.

 

Prinsloo noted that beef prices were expected to increase well over 30% this year as livestock farmers battle to rebuild their herds after a three-year drought.

 

“This decrease in animals sent to the slaughter has led to a price hike in beef of approximately 30 percent, which is unfortunately much higher than the year-on-year hike of between five and six percent,” said Prinsloo. Continue reading

1,000 SA families are losing their homes every month to crushing debt

There has been a substantial increase in financially distressed consumers applying for debt review in the past financial year.

Neil Roets, CEO of debt counselling firm, Debt Rescue, said the company had shown a growth rate of well over 20% in the number of clients seeking debt counselling.

Earlier this week, Capitec bank also reported that it had notched up a 20% growth in its clients that had applied for debt review. The bank said 15% more customers had handed in retrenchment letters as supporting documents to be placed under debt review. Continue reading

Latest Cabinet reshuffle: Who’s in, who’s out

There have been numerous surprises regarding who has been moved or ascended to higher office.

In a statement on Friday morning after midnight, President Jacob Zuma released the full list of changes in his Cabinet.

He said: “I have decided to make changes to the national executive in order to improve efficiency and effectiveness.

“The changes bring some younger MPs and women into the national executive in order to benefit from their energy, experience and expertise. Continue reading

Ford replaces boss in South Africa

Ford South Africa president and CEO Jeff Nemeth has been recalled to the US, and is set to leave in July.

Ford announced the appointment of Casper Kruger as managing director of Ford Motor Company Sub-Saharan Africa Region, effective 1 April, 2017.

Nemeth’s recall comes after a massive Ford Kuga recall in South Africa in January. 4,556 Ford Kuga 1.6-litre models which were build between December 2012 and February 2014 were recalled for repairs following numerous reports of engine fires. Continue reading