Disadvantage school iPad programme

Private schools, in an alliance with business and iSchoolAfrica, an arm of the distributors in South Africa of Apple computers, are taking tablet computing and applications to underprivileged pupils to improve the matric pass rate. iSchoolAfrica provides...

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Ernie Els promises a good game

Ambitious Ernie Els vows to do his best at Torrey PinesAfter stealing the show at Volvo Champions last week, Ernie Els is now preparing to make yet another breakthrough at Torrey Pines.Torrey Pines is going to stage the Farmer Insurance Open 2012, from January 26 to 29.Els has already made up his mind about moving ahead, vowing to repeat the stellar performance he showed  in South Africa.The...

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South africa Insurance ombudsman troubles

The decision at the end of last year not to renew the contract of Brian Martin as the Ombudsman for Short-term Insurance (Osti) and to appoint Dennis Jooste in his stead may be invalid.But the three-year term of the body that must consider the issue, the Financial Services Ombud Schemes (FSOS) Council, ended on December 31 last year, and a new council has yet to be appointed by the Minister of Finance.The...

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Sasol to avoil Iran oil

JOHANNESBURG—South Africa's Sasol Ltd. is starting to diversify oil sources away from Iranian imports, it said Wednesday, as pressure from the U.S. and European Union mounts.South Africa, which relies on Iranian crude for roughly 25% of its oil imports, is currently debating how to approach increased sanctions being imposed on Iran by the U.S. and EU, aimed at choking off a key source of revenue from...

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Electrical car purchase survey

Deloitte released a preview of results of their yearly survey of Gen Y automotive buying habits, saying that the younger crowd have a "strong affinity for hybrid vehicles" and that "generation that leads us away from traditional gasoline-powered vehicles." Specifically they were shown to have a 57% preference for hybrid vehicles and given that Gen Y is 80 million strong, it's enough auto buyers to...

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JSE All share hits record high

Johannesburg - The All Share [JSE:J203] index booked its third straight record closing high on Thursday, edging up 0.11% as Standard Bank and other major lenders were lifted by a global rally in banking shares. The benchmark Top 40 - (Tradeable) [JSE:J200] index posted its highest close in 11 months. South African stocks have risen 5% so far this year, after a flat 2011, but that has been enough...

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South Africa interest rate unchanged jan 2012

The Reserve Bank’s monetary policy committee (MPC) has kept rates unchanged, it announced at the end of its three-day meeting in Pretoria on Thursday. The repo rate remains at 5,5% and the prime interest rate at 9%, said Gill Marcus, governor of the...

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Back to school registrations news

Basic Education Minister Angie Motshekga confirmed on Wednesday that late applications for school places dogged the first day of school. Motshekga and her deputy Enver Surty paid surprise visits to two schools in Bela Bela and were pleased with their readiness. However, crowds of people arrived at schools across inland provinces hoping to register their children for the first time. The Education...

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Record car production Mercedes Benz South Africa

MERCEDES-Benz  South Africa built  more cars in East  London last year than ever before, a result that bodes well for the future of the city. A production record of more  than 54312 Mercedes-Benz C- Classes were built in East...

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Councillors seek government insurance cover

Johannesburg - The country’s 10 055 councillors want insurance at government’s expense to cover themselves and their properties against violent service delivery protests. The SA Local Government Association (Salga), the representative organisation...

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South Africa house prices decrease

Johannesburg - The average price of a mid-segment house was almost 14% lower in November last year than it was in August 2007, according to Absa's latest property price indices released on Thursday.  "The average real price of middle-segment houses,...

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SA Mobile service providers to enter insurance market

Vodacom to target subscribers with its offering. JOHANNESBURG – SA’s largest mobile operator’s entry into the insurance market could soon be followed by that of MTN (JSE:MTN) and 8-ta. Last year, the Financial Services...

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Digital TV cost to SA viewers

The bill is fast mounting for ordinary South African TV viewers to get digital television – and the price is steadily increasing. Government has revealed that South Africa's 11 million TV households will also need to buy a new antenna in addition to...

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Android Apps Premium SMS Fraud Warning

Update: Since this post was first published on December 11th, Lookout detected 5 additional RuFraud apps in the Market. As of December 13th, 27 applications have been found to contain instances of RuFraud. See below for the full list of apps. There...

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IMF manager gives SA thumbs up

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today in Pretoria: "It is a great pleasure to be in South Africa for my first visit as Managing Director of the IMF. I had the privilege...

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wealth creation tips for retirement income

General tips for wealth creation NB not fool proof. Wealth creation is extremely difficult (if not impossible) with the traditional ‘save for retirement formula’. The personal savings strategy has passed its sell by date to say the least, and yet it...

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