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NSFAS still faces funding shortfall, cannot yet accommodate first-time university students

NSFAS still faces funding shortfall, cannot yet accommodate first-time university students
polity.org.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from polity.org.za Daily Mail and Mail on Sunday newspapers.

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National Budget gives South Africans hope - and a wake-up call

National Budget gives South Africans hope - and a wake-up call
By Opinion
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Following last weekâs National Budget Speech by Minister of Finance Tito Mboweni, the country first heaved a huge sigh of relief.
There were no painful new tax hikes, as many South Africans had feared. Instead, the minister increased personal income tax brackets by 5%, which effectively puts R 2.2 billion back in the hands of low-income earners.
Social development plans were also boosted, with small but welcome increases to social grants, old age, disability, and care dependency grants, among others. In addition, provinces across South Africa will receive R3.5 billion from the Department of Social Development to improve access to early childhood development services. ....

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Rand report: Rand unable to escape the global sell-off after a sobering National Budget Speech

Rand report: Rand unable to escape the global sell-off after a sobering National Budget Speech
(Partner Content) The rand traded relatively flat ahead of the National Budget Speech and strengthened to USD/ZAR 14.396 during the speech. Government bonds saw similar movements, as the yields on 10-year bonds fell from 8.785% to 8.610% while Finance Minister Tito Mboweni was speaking.
In both cases, however, markets experienced a correction shortly after. Any gains that the rand made in the beginning of the week were erased by a global sell-off on Thursday, fuelled by fears of rising interest rates. During weekly trade, the GBP/ZAR and USD/ZAR pairs appreciated by 2.45% and 3.06%, respectively. ....

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Property & Real Estate in South Africa

#BehindtheBrandManager: Justine Cullinan of Nando s on building an empathetic muscleIn this #BehindtheBrandManager feature, we find out more from Justine Cullinan, GM of marketing and brand strategy and communication at the iconic and well-loved South African fast-food chain Nando s. By Ruth Cooper
The 5 habits of highly effective advertisersKantar s Creative Effectiveness Awards reveals the world s most effective ads of 2020, and what makes them great. By Daren Poole, Issued by Kantar
#BehindtheBrandManager: Charmagne Mavudzi of Volvo Car South AfricaCharmagne Mavudzi is a force to be reckoned with. As a student, she launched an industry-first mobile beauty app platform that was honoured on
Dragon s Den. As a professional, she held managerial roles at Handel and Accenture. Currently, she heads up the Volvo Car South Africa (VCSA) brand, an admirable feat. Mavudzi s official title is head of consumer experience, which is essentially a hybrid marketing role. By Imran S ....

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South African Rand Outlook: USD/ZAR Slips as U.S. Yields Rally

South African Rand Outlook: USD/ZAR Slips as U.S. Yields Rally
2021-02-26 10:30:00
Warren Venketas,
Markets Writer
Numerous economic announcements scheduled later today
Possible inside bar candle pattern on the horizon
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RAND FUNDAMENTAL BACKDROP
The Rand gave back most of its February gains yesterday as U.S. yields surged following poor bids in the U.S. government debt auction. This demonstrates the powerful correlation between the bond and FX market respectively. FX markets usually follow suit from the bond market and the correlation is reflected in the chart below.
U.S. BENCHMARK 10Y TREASURY YIELD vs USD/ZAR SPOT RATE (2021) ....

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