2012 SA car of the year winner Hyundai Elantra

It's official - the Hyundai Elantra 1.8 GLS is South Africa's Car of the Year for 2012. The South African Guild of Motoring Journalists kept its guests biting their nails until late on Thursday night at its COTY banquet in Midrand. The decision follows a long and complex judging process, which included an initial vote for ten finalists followed by a thorough two-day evaluation of those finalists...

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Petrol price vs inflation in SA

Rising petrol prices alone won’t induce a rate hike but higher than expected public-sector wage rises may well be justification for one rise by 55c-60c/l in early April as the combined effect of the hike in the fuel levy and rising rand oil prices...

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SA life cover sector grows

Healthy life industry attracts new premium incomeThe South African life insurance industry held record assets of R1.45-trillion at the end of 2011, an increase of 13% from the R1.28-trillion held at the end of 2010.South African long-term insurance industry on Tuesday, Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA), said long-term insurance industry assets...

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Old Mutual sights Africa expansion opportunities

Insurer Old Mutual fired the starting gun on an ambitious African expansion strategy, encouraged by the continent's robust economic growth, as it reported a 17 percent jump in its 2011 earnings. London-listed Old Mutual, an Anglo-South African financial...

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Gauteng E-tolling protests continues

E-tolling... should be condemned as it represents yet another tax on all the citizens of this country," PSA deputy general manager Manie de Clercq said in a letter to the Congress of SA Trade Unions. "The rationale for [the] e-tolling system is unclear...

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