Business

Jobs and economic growth

The first “Workers Day” occurred on 1 May 1886 when 300 000 workers in 13 000 businesses in the United States walked away from their jobs to agitate for a working day of not more than eight hours. Today it is hard to imagine that an eight-hour working day was the culmination of a long series of events in which the working class managed to get their employers to agree to a 12-hour working day (in 1848 in France), an 11-hour working day (around 1860 in Philadelphia, US), and a 10-hour working day (in 1847 in England).

Small Enterprise Finance Agency (sefa) to host Eastern Cape SMMEs and Cooperatives

The Small Enterprise Finance Agency (sefa) will be in Grahamstown on Wednesday 15 March. Sefa will host a breakfast session for small businesses and co-operatives in the Eastern Cape at Makana Resort in Grahamstown from 8am to 12pm.

Privacy and the workplace

Although an employee has a right to privacy, it is not absolute. The employee’s case, in NUMSA and Another v Rafee NO and Others (JR1022/12) [2016] ZALCJHB 512, was that the employer’s instruction that he hand over his mobile phone for inspection violated his right to privacy.

Tax revenue up by 8.5%

The South African Revenue Service (Sars) and the National Treasury on Tuesday have released tax statistics which show that tax revenue collection grew by 8.5 percent to reach R1.07 trillion this tax season.

What can a business forum do for you?

A Chamber of Commerce is defined as an association of businesses of a city, region or country formed to protect and promote the economic interests of its members through legislative and other means.

Take advice before going to auction - expert

With the economy in slow mode, the number of property auctions is expected to increase, along with the number of prospective buyers looking for “bargain” homes at prices below market value.

Landlords sort your insurance

If you are still paying off the bond on your rental property, you will also be paying a monthly or annual premium for home owner’s insurance – also known as HOC – which covers you against damages to the structure that may be caused by flooding, fire, wind, hail or other natural disasters.

Can you insure a broken heart?

In the past, heart disease has mainly affected men and older people but current insurance claims trends show that this is no longer the case. Although the risk of heart disease is still higher for men, the risk for women is increasing.

Concert cancelled

The Grahamstown Music Society concert scheduled for 3 November has been cancelled.

Windows smashed, door burnt in campus incidents

What appeared to be an arson attempt at Rhodes University left the back door of a major exam venue damaged and charred and around 30 windows surrounding the library quad and of offices adjoining the exam venue were smashed in stone-throwing inciidents at the Grahamstown campus on Saturday 22 October.