. . . the future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society.
Cut & paste this link for the entire article & youtube interview - http://www.borrett.co.za
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Added by Richard Borrett on October 5, 2009 at 11:30am —
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There was good news today for South African consumers and the economy in general, as the South African Reserve Bank Monetary Policy Committee announced a decrease in interest rates of 0.5 basis points.
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Added by Richard Borrett on August 13, 2009 at 7:18pm —
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Don't miss the broadcast of The Big Debate on Health Care.
A discussion of the Proposed National Health Insurance (NHI) scheme, featuring the Minister of Health Aaron Motsoaledi, Discovery Healthcare CEO Adrian Gore and others.
The main broadcast dates and times:
eNews channel: Weds 15th July at 9pm [DSTV Channel 403]
eNews channel: Fri 17th July at 9pm [DSTV Channel 403]
eTV: Sat 18th July at 1pm [eTV Free-to-air channel]
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Added by Richard Borrett on July 13, 2009 at 3:38pm —
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You may recall the fun we had when PAIA (in the SKYA, as we termed it) was launched - the clumsily named Promotion of Access to Information Act which, after five deadline shifts, was implemented in such a watered-down version that it serves very little or no purpose. Now RICA has hit our shores and is likely to have, at best, only irritation value.
The Regulation of Interception of Communication-Related Information Act (Rica), which came into force last week, have been slammed by experts, who ar…
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Added by Richard Borrett on July 10, 2009 at 9:47am —
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It’s official!
The way that business is done in SA will alter drastically from October, 2010 when the Consumer Protection Act kicks in.
For business owners it is the most far-reaching law since the Labour Relations Act.
Go to:
http://www.standardbank.co.za/site/business_banking/espresso/Clickthroughsissue8/MainNews_01_pg1.html
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Added by Richard Borrett on July 8, 2009 at 1:46pm —
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Most people every now and then decide they are paying too much for their vehicle insurance. They do a quick call around and, depending on the price, stay where they are or switch insurers.
“This is because most people believe that in the end all insurers and their products are pretty much the same” says Gari Dombo, Managing Director, Alexander Forbes Insurance.
This common assumption is, however, far from the truth. “A fact most people only discover when it is too late” warns Dombo.
To prevent y…
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Added by Richard Borrett on July 8, 2009 at 1:24pm —
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Taylor's Rule*
According to Taylor’s Rule, the prime interest rate should be:
“neutral” Real prime rate (avg 09/89 – 07/95; 1999 – 2007) = 5.5%
Expected CPI inflation: 4Q/2010 = 5.0%
0,5 x (currant CPI[7.9%] – CPI ‘target’[4.5%]) = 1.7%
0.5 x (output “gap”) = -2.2%
Target Prime Interest Rate = 10.0%
Current Rate = 11.0%
With the prime interest rate still lingering at 11%, the SARB is currently only 1.0% behind what a rough Taylor estimate suggests should be the interest rate level T…
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Added by Richard Borrett on June 26, 2009 at 2:39pm —
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Local weather reports indicate gale force winds and torrential downpours throughout the Western Cape over the next few days with these adverse weather conditions expected to move further afield into the Eastern Cape.
It is expected that the disruptive weather will play havoc across the country, and in addition Gauteng residents have been warned that they could also experience heavy rainfalls as well.
Against the background of expected water floods, South Africa’s leading short-term insurance c…
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Added by Richard Borrett on June 25, 2009 at 11:54am —
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The Office of the Ombudsman for Short-Term Insurance frequently receives complaints from consumers concerning the use by Insurers when repairing motor vehicles of so-called “pirate parts” as well as second hand components.
There is a perception on the part of the public that an Insurer is obliged, when repairing a motor vehicle, to use new original factory supplied parts in all instances.
The Ombudsman, Mr. Brian Martin, says ”the cost of repairing damaged motor vehicles has risen significantly…
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Added by Richard Borrett on June 17, 2009 at 3:34pm —
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By the time the Consumer Protection Act comes into force in October next year, suppliers can be sure that consumers will be aware of their rights, and ready to enforce them.
History teaches us that happy customers do not complain.
Companies will have to comply with the provisions of the Act so why not use it to your advantage and ensure that your customers are protected and happy, and mitigate the risk of future complaints.
The Act will bring about significant change to business in South Africa.…
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Added by Richard Borrett on June 1, 2009 at 8:00pm —
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Not getting the service you deserve, complain!
Not sure who to?
Go to my site - www.borrett.co.za - for a full, downloadable list.
(Thanks to Personal Finance.) Continue
Added by Richard Borrett on May 5, 2009 at 6:30pm —
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The battle is won!
My web site is fully functional again and this marvellous article is again available.
www.borrett.co.za
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Added by Richard Borrett on April 23, 2009 at 11:26am —
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If there’s one thing a small business owner hates its red tape. That’s probably why the recently introduced turnover tax for small businesses commands their attention. It’s another in a line of South African Revenue Service (SARS) proposals to add more South African businesses to the tax net.
But it could also induce businesses that are already paying tax to make a costly mistake. Although the tax appears sensible at first glance there are some important considerations to take before changing y…
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Added by Richard Borrett on April 20, 2009 at 11:39am —
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I'll continue this marvellous article as soon as my web page is fully functional.
In the meantime if you want it all at once, e-mail me. rB
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Added by Richard Borrett on April 20, 2009 at 11:36am —
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1. Forget about yourself, focus on others.
Uncertainty can drive people into themselves, making them feel isolated and helpless.
The best strategy here is to go in the opposite direction, expanding your connection with others — focusing on helping them transform their negatives into positives.
The more you contribute in this fashion, the less you will need to worry about your own situation.
You will become a source of confidence for everyone else.
This is Step 1 of 10 and I’m going to publi…
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Added by Richard Borrett on April 11, 2009 at 8:30am —
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Mutual & Federal MD's earnings surge UP to R3.9 Mill from R2.3 after 5 months while M&F makes a LOSS of R146 Mill to 12/08.
Will they look to the Government for a bailout? Full article by Mzwandile Jacks on www.borrett.co.za
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Added by Richard Borrett on April 9, 2009 at 11:04am —
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I'm looking for speakers to promote their SMME businesses / ideals / dreams at our Tokai network meetings.
You will get 10 (ten) mins to give us a brief snapshot of who you are, what you do and what we can do for you.
Our meetings are typically attended by between 60 & 80 (max seating) self-employed entrepreneurs who are there to network their businesses.
You'll need only your voice and presence to carry your message and it will need to fit our ethos of "fun & profit".
You will follo…
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Added by Richard Borrett on April 6, 2009 at 2:30pm —
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If you want financial freedom in your retirement years, you have to start saving as early as possible. Although there are many possible investment vehicles available for this purpose, there are strong arguments in favour of including retirement annuities in an investment portfolio.
• RA’s offer an excellent and disciplined savings method as the client enters into a long term savings contract
• Contributions are flexible. They can be made on a recurring premium basis or as a lump sum and on an ad…
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Added by Richard Borrett on March 29, 2009 at 1:00pm —
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