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Email Newsletter Summer 2014

Category Newsletters

With all the Schools back into the swing of 2014 we see everything going up...! Huge fuel price increases on a monthly basis, coupled with the pressure the Rand/Dollar Exchange Rate is under, resulted in our first interest rate hike with the prime lending rate being increased by 0.5%! We are now also in the midst of labour unrest ("strike season" they call it) with strikes for higher wages hitting almost anyone with a labour force of 2 or more. With inflation on a steady upward spiral, the pressure to live and put food on the table increases daily.

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Author: Renico Construction

Submitted 05 Aug 15 / Views 5386