CAPE TOWN The R20m investment by a British company Dialogue UK in a call centre in Cape Town is the first tangible sign of SA edging ahead of countries like India in the race to build a viable call centre industry.
If the revised information from Statistics SA puts the fee increases at about 10% a year, rather than 34,5%, the figure may be 1,87% lower within a year.
Cape Town's R9bn budget for this year and next year will shift "significantly" towards spending on programmes in the city's poorer areas, focusing on urban renewal, addressing service delivery backlogs and cleaning up informal settlements, said Mayor Nomaindia Mfeketo.
Hopes that the Reserve Bank will cut interest rates next month were boosted yesterday with the release of private sector credit extension (PSCE) and broad money supply (M3) data by the Reserve Bank.
The US economy's weakness is exerting a toll on commercial property owners, as a rising glut of office space makes it more difficult for some owners to make mortgage payments.
V&A Waterfront Properties has appointed the valuation and professional services division of Old Mutual Properties to value the entire property portfolio and unutilised development bulk in the V&A Waterfront, Cape Town's and South Africa's most visited destination.
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