Report on stakeholder feedback on the reform of interest rate benchmarks in South Africa – May 2019

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Publish Date: 2019-06-05
Category: Markets Consultation Paper
Author: Financial Markets

The South African Reserve Bank (SARB) published a ‘Consultation paper on selected interest rate benchmarks in South Africa’ on 30 August 2018. The paper contains proposals on the reform of key interest rate benchmarks used in South Africa as well as proposals on a suite of new benchmarks that could potentially be used as alternative reference interest rates. The paper was published to solicit input from the public on the proposals contained therein…

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Cost Accountant (maitland)

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COST ACCOUNTANT (MAITLAND) in Western Cape | Other Finance/Accounting | Job Mail | 4443611

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OUR CLIENT IS SEEKING TO EMPLOY A COST ACCOUNTANT IN MAITLAND

Please Note:

If you do not fit the specification with the minimum requirements your application will not be accepted for this position. Shortlisted candidates may be required to complete an Assessment or Test to demonstrate your knowledge of this position.

Requirements:

  • Bachelor’s Degree (or equivalent) in Finance or Cost Accounting
  • Cost and management accounting experience in a manufacturing environment
  • An understanding of GMP and HACCP
  • Advanced MS Excel knowledge
  • Syspro experience is an advantage

 

Applicants must reside in MAITLAND or surrounding area.

Only South African citizens, who are suitably qualified, live in the applicable area and meet the requirements of the position are eligible to apply for this vacancy.

Please take note: if you have not been contacted within 14 days, please consider your application unsuccessful.

 

Visit our website to view all of our current vacancies: www.mprtc.co.za

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News24.com | Flooding hit parts of Cape Town as winter’s first heavy downpour wreaks havoc

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Steady downpours on Tuesday has left parts of Cape Town flooded and many roads inaccessible.

The City of Cape Town’s JP Smith said they have received numerous complaints of flooding from various areas.

Smith said he assisted a ward councillor at the Backstage area near Walter Sisulu Road in Khayelitsha to drain water.

He was in the area attending a neighbourhood watch event with the councillor when they received reports of flooding in Khayelitsha.

“Walter Sisulu Road was badly flooded and we may need to activate emergency overnight accommodation,” he said.

Emergency personnel assisted to clear part of the N2 outgoing under the railway bridge before Liesbeek Parkway. The freeway was down to a single lane which has caused a major tailback along the hospital bend and Nelson Mandela Boulevard, stretching into the city.

He said central mobile emergency units managed to clear a blocked drain on the N2 outbound before Liesbeeck Parkway.

Several roads in Manenberg were also flooded, with some residents tweeting pictures of people standing waist-high in water, with some images showing a flooded home.

Roads in Eversdal, Bellville, Cravenby, Green Point, Elsies River, Salt River, Durbanville, Rondebosch, Maitland, Brackenfell and Heideveld also remain blocked at the time of publishing.

Isolated showers and rain will continue in the Western Cape as the cold front moves across the country on Wednesday, according to the South African Weather Service.

Gale force westerly to south-westerly winds of 60-75km/h are expected along the coastal regions between Cape Point and Plettenberg Bay in the morning, spreading to Cannon Rocks by the afternoon.

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News24.com | World’s biggest YouTuber PewDiePie roasts Zuma, says numbers are his ‘number 1 enemy’

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Hardly a day after it was released, a YouTube video by PewDiePie mocking former president Jacob Zuma has attracted over 400 000 viewers.

Swedish-born Felix Arvid Ulf Kjellberg, who has over 96 million subscribers released a 11:59 minute long music video titled “He can’t count” where he teases Msholozi, as Zuma is popularly known.

“Have you heard about this guy? Does his face ring a bell,” he asks, before struggling to announce Zuma’s other name, Gedleyihlekisa.

“Jacob Zuma,” screams PewDiePie when he introduces Zuma followed by an image of Zuma seated next to former first lady Graça Machel.

“Now you understand? This man is the former president of South Africa. And here you can find him breaking it down…” he says while showing a video of Zuma doing his signature dance moves at what looks like an ANC event.

He then goes on to say “if there’s one thing about Jacob Zuma, and that’s one thing, numbers is Jacob Zuma’s number 1 enemy,” he said before showing Zuma struggling to announce the ANC number of its membership.

He continues mocking Zuma on various events where he struggled to count numbers.

The 29-year-old YouTube star then goes on to say a five-year-old can count better than Zuma. He goes as far as showing a little boy counting numbers from board held by comedian and TV show host Steve Harvey.

PewDiePie includes the famous clip where Zuma mocks the opposition in Parliament, accusing them of failing to correctly pronounce his homestead Nkandla properly.

See the video below:

A number of his South African subscribers have responded to his latest post. 

Kamogelomaile replied on the clip saying: “As a South African, I enjoyed this a lot And everything you thought was probably not true, is 100% true“.

“As a South African I love this,” said Hazel Nicholson.

SnowFox replied: “Lmao. I live in South Africa. This is a dream come true. Also… He has caused massive issues in SA…”

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Sport24.co.za | ‘I’m ready for special moment’ of facing Federer, says Nadal

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Nadal, who turned 33 on Monday, will face 37-year-old Federer for the 39th time.

The Spaniard, chasing a 12th French Open title, leads their head-to-head 23-15 with a 13-2 stranglehold on clay.

That run includes a 5-0 run at Roland Garros — the 2005 semi-final and the 2006, 2007, 2008 and 2011 finals.

“Having Roger in the semi-finals is an extra thing,” admitted defending champion Nadal.

“We shared the most important moments of our careers together on court facing each other. 

“So it’s another episode of this, and I’m happy and excited. It will be a special moment, and let’s try to be ready for it.”

Nadal has been in impressive form as he chases an 18th major.

He has dropped just one set so far in making his 12th Roland Garros semi-final and 31st at the majors.

On Tuesday, he demolished Japanese seventh seed Kei Nishikori 6-1, 6-1, 6-3 in his quarter-final.

Nadal has never lost in the semi-finals at the tournament, making Federer’s mission on his return to Roland Garros after a four-year absence look even more daunting.

Not that Nadal is taking anything for granted.

“Roger came back on clay because he’s a player who plays well on all surfaces and on clay he has good chances of winning,” said Nadal who hasn’t lost to the Swiss on clay since the Madrid final in 2009.

“One thing is that he feels physically ready. He’s coming back because he wants to do so. And if he feels in good shape physically, well, he should not leave out a main part of the season.”

Nadal’s record at Roland Garros now stands at 91 wins against just two defeats — to Robin Soderling in the last-16 in 2009 and Novak Djokovic in the 2015 quarter-finals.

A wrist injury forced him to withdraw before the fourth round in 2016.

Many believed those back-to-back setbacks would signal the end of the road for Nadal who has battled a host of injuries throughout his career.

But since that tearful 2016 Paris exit, he has picked up three more majors and twice been a runner-up in Australia.

“After all the problems I have faced, what keeps the flame alive is this desire, the desire to play on the main stages where I’ve been playing tennis for all these years,” he said.

“This won’t last forever. So I want to give myself the maximum chances. For the time being, things are rolling well.”

Results from the 10th day of the French Open on Tuesday (x denotes seeding):

Men

Quarter-finals

Roger Federer (SUI x3) bt Stan Wawrinka (SUI x24) 7-6 (7/4), 4-6, 7-6 (7/5), 6-4

Rafael Nadal (ESP x2) bt Kei Nishikori (JPN x7) 6-1, 6-1, 6-3

Women

Quarter-finals

Johanna Konta (GBR x26) bt Sloane Stephens (USA x7) 6-1, 6-4

Markéta Vondroušová (CZE) bt Petra Martic (CRO x31) 7-6 (7/1), 7-5

Health24.com | How embracing ‘oneness’ boosts satisfaction with life

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The feeling of “oneness” may make you more satisfied with your life, new research finds.

Oneness is the belief that everything in the world is connected and interdependent.

Two surveys of nearly 75 000 people in Germany found a strong link between life satisfaction and higher scores on concepts associated with oneness – such as social connectedness, feeling close to nature and empathy.

Variety of religious traditions

This was true whether people were part of a religion or not, according to the study recently published online in the journal Psychology of Religion and Spirituality.

Participants were from a variety of religious traditions, including Protestant denominations, Catholicism, Judaism, Islam, Hinduism and Buddhism. More than a quarter said they were atheists.

“The feeling of being at one with a divine principle, life, the world, other people or even activities has been discussed in various religious traditions but also in a wide variety of scientific research from different disciplines,” said study author Laura Marie Edinger-Schons. She is a professor of corporate social responsibility at the University of Mannheim in Germany.

“The results of this study reveal a significant positive effect of oneness beliefs on life satisfaction, even controlling for religious beliefs,” Edinger-Schons said in a journal news release.

Atheists have lowest oneness beliefs

People’s oneness beliefs appear to remain stable over time, the study found. Instead of changing with events, they seem to represent a general attitude toward life, Edinger-Schons said.

Research has tied higher levels of life satisfaction to benefits such as better grades among students and better health in older adults.

Oneness scores varied by religion but were much better predictors of life satisfaction than religious beliefs, according to the findings.

“I did not find it surprising that atheists have the lowest levels of oneness beliefs in the sample, but what surprised me was that oneness beliefs were actually very different across various religious affiliations, with Muslims having the highest levels,” Edinger-Schons said.

“Also, when oneness beliefs were taken into account, many of the positive effects of religious affiliation on life satisfaction disappeared,” she added.

Image credit: iStock

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Call / Contact Center

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Call / Contact Center in Durban Central | Call Centre | Job Mail | 4454549

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Join the customer service team at your local contact centre and you’ll take calls from all kinds of customers with all kinds of questions. Whether they’d like a bill explained, a payment issue resolved or a contract upgraded, it’ll be down to you to listen to them, understand their needs and come up with the perfect solution to suit. It won’t always be a walk in the park, though. Meeting challenging targets, staying positive and polite on every call and supporting the odd frustrated customers are all part and parcel of the job. But if you can bring the patience, enthusiasm and people skills it takes to put the customer first and help us achieve our ambition of being #1 for service, the rewards are 100% worth it. You’ll definitely: • Need real strength of character and will have a talent for making customers feel special • Be able to listen – even if the issue is hard to listen to • Love talking to people and have a knack for understanding their needs – even if the matter is not always clear . • Give your best advice – even if it isn’t always appreciated • Have a genuine interest in communication technology . • Enjoy being part of a team but still have the drive to work on your own initiative. You might even: • Know a thing or two about the telecoms sector • Have some customer service experience • Know your way around a PC. Send Applications to: hr@oracleconsult.co.za

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Software Developer/Systems Administrator (Port Elizabeth)

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Remuneration: Market Related
Benefits: Medical Aid, Pension Fund, 13th Cheque
Location: Port Elizabeth
Reference: #PE000319/JJ
Company: Intelligent Placement

An exciting career opportunity exists in Port Elizabeth, for a software developer/systems administrator within an automotive manufacturing environment. If you have the following behavioural competency and experience, we look forward to receiving your application.

Behavioural competency:

  • Excellent communication skills
  • Excellent research skills
  • Excellent technical skills
  • Excellent programming skills
  • Excellent analytical skills
  • Team player
  • Professional work ethic
  • Leadership skills
  • Mentorship skills

Duties include the following, but not limited to:

  • Support all in house programs and applications
  • Backup all system and company data
  • Network switches, management and granting of access
  • Windows Server maintenance and administration (MS Server 2008/2012/2016)
  • MS Exchange (2010/2016) MS SQL (2000-2017)
  • VMWare Server maintenance and administration
  • Support end users in the plant
  • Enterprise vault administration

Requirements:

  • Minimum five years’ experience working with Servers
  • Previous programming experience at least 3 years
  • IT Degree or Diploma (MCSE or MCP recommended)
  • Programming required in C#, Asp.Net, Php & Visual Basic
  • PLC Knowledge advantageous
  • Automotive manufacturing experience highly advantageous

Salary: Market Related
Vacancy Reference no:  PE000319
Closing Date: 24 June 2019
To apply for the above-mentioned position, please apply on our Website www.intelligentplacement.co.za/vacancies also add your profile picture to your CV.
If you don’t hear from us within three weeks of your application, please consider your application unsuccessful. 

Posted on 04 Jun 15:04

Intelligent Placement

Intelligent Placement will, through its expertise, service standards and national network provide a unique value proposition which will differentiate Intelligent Placement to be the preferred South African Recruitment brand.

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Operations Technician

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The role of an Operations Technician is to effectively and professionally maintain electrical and electronics equipment in Paint Shop with an objective to ensure optimum plant availability, minimum material cost per production unit and optimum utilisation of materials. Responsibilities
• Analysing programmable logic controller programs for the purpose of modifying and find faults on the machines and equipment.
• Correcting various Mechanical, Electrical and Electronic types of fault on machines in order to ensure production continuity. • Assessing breakdowns and develop alternative solutions to prevent occurrences.
• Ensuring machine availability, accuracy and performance to enable continuous production within area of responsibility.
• Planning and developing modifications for conventional relay equipment to PLC equipment on various machines in order to reduce maintenance costs. • Supporting production with new facility installations and commissioning to ensure proper functionality. Education & Experience • National N Diploma/National Diploma in Mechatronics /Electrical/ Mechanical Engineering or relevant engineering qualification
• At least 3 years’ relevant experience in the Paint / automotive maintenance environment. recruit@rmgrecruitment.co.za

Call Center /customer Service Consultants

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GREAT!! You are exactly the kind of person we are looking for! Our clients are in demand with their client base expanding and need team members to meet the need. If you have customer service, sales, retail, marketing, PR, events experience, Apply today! Applicants without experience are welcome to apply and will be considered. Qualities our client’s are looking for: – Great customer service – Outgoing personality – People person – Professional image – Willing to grow skill set and learn and apply new skills . What do they offer you? – Excellent highly motivated, fast paced team environment .
– Basic salary + fantastic uncapped – Progression opportunities .
– Travel opportunities .
– Great incentives . This is a fantastic opportunity you can’t afford to miss! If you are looking for an opportunity then APPLY ONLINE NOW!!!! APPOINTMENTS ARE BEING HELD IMMEDIATELY!
Send Applications to: hr@oracleconsult.co.za