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This from moneyweb.co.za:

JOHANNESBURG – In the six months after government issued proposed caps to charges on loans, unsecured credit ballooned by almost 30%, suggesting that lenders were maximising prevailing high interest rates before lower legal limits rained on their parade.

Unsecured lenders embarked on a lending spree in the months before caps to interest rates and fees came into effect, data from the National Credit Regulator’s (NCR) Consumer Credit Market Reports (CCMR) reveal.

From levels above R21 billion for the quarter to December 2013, unsecured credit growth fell during 2014 and the beginning of 2015, before spiking upwards for the six months to December 2015 – immediately after the Department of Trade and Industry (dti) first published the draft recommendations on caps to rates and fees towards the end of June 2015.

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http://today.moneyweb.co.za/article?id=600945&acid=TUU%2BIbozCWkeZeuwhd4cWQ%3D%3D&adid=l2ZlVjanGzU8WkHj2%2BXORA%3D%3D&date=2016-07-04#.V3pEDfl95pg

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Chippa United celebrate winning the 2016 Engen Knockout Challenge PE during Day 3 of the 2016 Engen Knockout Challenge PE at Galvandale Sports Complex, Port Elizabeth on 3 July 2016  ©Chris Ricco/BackpagePix

Chippa United celebrate winning the 2016 Engen Knockout Challenge PE during Day 3 of the 2016 Engen Knockout Challenge PE at Galvandale Sports Complex, Port Elizabeth on 3 July 2016 ©Chris Ricco/BackpagePix

Chippa United beat a gallant Rangers FC to successfully defend their 2016 Engen Knockout Challenge, Port Elizabeth title at the Gelvandale Sports Complex on Sunday, 03 July, 2016.

Three days of intense competition produced some exciting football culminating with Rangers and Chippa United squaring up against each other in the 2016 Engen Knockout Challenge final in front of a large local football following.

After 90 minutes of intense end-to-end action the game ended goalless leading to a dreaded penalty shootout.

The net bulged with frequent regularity as player after player succeeded with his penalty kick, eventually the fate of the title was settled when Chippa scored their winning penalty in a sudden death shootout after a Rangers player miscued his shot.

Sixteen of the best u/17 youth teams in the Eastern Cape contested the 2016 Engen Knockout Challenge tournament at the John Nance Sports Complex in Port Elizabeth from Friday, 01 July to Saturday 03 July, 2016. Continue reading

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The Under-13 Coca-Cola Craven Week and Under-16 Coca-Cola Grant Khomo Week tournaments will kick off at Paarl Gymnasium on Monday in a fresh and exciting new tournament format as part of the SA Rugby Youth Weeks Series.

The competitions will be hosted simultaneously from Monday to Friday, with four fields accommodating the 19 matches being played on the opening day.

Only the Under-13 teams will be in action on Tuesday and Thursday, while the Under-16 teams will take to the field on Wednesday. The U13 and U16 sides will again share the stage on Friday in a jam-packed final day.

Another SA Rugby Youth Weeks tournament, the National Girls Under-18 Week, meanwhile, will also kick off on Monday at the Northern Cape High School in Kimberley. Continue reading

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Artscape Arena 13 to 16 July 2016

The Waterfront Theatre College, renowned for its diverse vocational training, showcases their dance department with a new production Hit me with a Hot Note at the Artscape Arena from Wednesday 13 to Friday 15 July 2016 at 20.00 and Saturday 16th at 3pm and 8pm.

Conceived by Delia Sainsbury, Hit me with a Hot Note is inspired by the opening line of the famous jazz song ‘Hit me with a Hot Note and watch me dance!’

‘I want to explore the use of rhythm across a range of dance genres’, Delia states, ‘presenting a new generation of choreographers and the growing wealth of dance talent.

‘As a feeder to the Dance industry’, she adds, ‘we have a responsibility to set the standard for dance training. Hit me with a Hot Note is designed to highlight the well-rounded and versatile disciplines The Waterfront Theatre College offers’. Continue reading

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The Emirates Lions clinched their spot in the Vodacom Super Rugby playoffs with a comprehensive 37-10 victory over the Cell C Sharks at Emirates Airline Park in Johannesburg on Saturday evening.

The Highveld side claimed the African Conference Two title and are now 12 points ahead of the second-placed Cell C Sharks with just two weeks to play. They now have 47 points, the most by any side in the campaign, and on Saturday they scored their tenth win from 13 outings.

The DHL Stormers defeated the Rebels 57-31 in Melbourne, scoring seven tries in their bonus-point away win on Saturday to enable them to consolidate their top spot in the second Africa Conference 41 points. As things stand, the Cell C Sharks are in the wildcard position.

The Cape side’s tally of 57 points are their biggest score yet in a match on Australian turf.

The Toyota Cheetahs dominated the first half against the Western Force but then had to withstand a fierce fightback from the Australian side in the second half to edge the visitors 30-29 in their meeting in Bloemfontein. Continue reading

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The City is intensifying its 1 000 Days Campaign amid concern from UNICEF that 69 million children under the age of five are likely to die in the next 14 years from preventable diseases. Read more below:

The City of Cape Town’s Health Directorate, in conjunction with the Western Cape Government Health Department, has embarked on a 1 000 Days Campaign focusing on the health and well-being of children from the time of conception until the age of two years.

New knowledge in the field of neuroscience shows that what happens during the first 1 000 days of the life of a child largely determines the future of that child. A safe environment in which to grow and develop, good nutrition, good parenting and early stimulation are critical during this phase of rapid growth, when the wiring of the brain takes place, establishing connections that will enable them to develop to their full potential. Continue reading

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The Springbok Sevens team on Saturday showed good form at the inaugural Assupol7s tournament played at Markötter Stadium in Stellenbosch, winning all three matches played on the final day and walking away with the overall spoils.

The tournament, held to provide the Blitzboks some game time as part of their preparations towards the Rugby Sevens event at the Olympic Games in Rio next month, saw the South Africans finishing the day strongly with wins over outfits from Zimbabwe and Western Province.

The SA side won their opening match of the second day against Zimbabwe by 48-0, then saw off the challenge of a Western Province Invitational team 45-5 before beating Western Province in a very competitive final, winning 34-5.

Coach Neil Powell expressed satisfaction with the effort by his team. Continue reading

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Calvinia is skaapwêreld en die laaste naweek in Augustus is alles en almal, in en om die dorp, in rep en roer as die jaarlikse Vleisfees op Vrydag, 26 en Saterdag, 27 Augustus 2016,  plaasvind.

Vanjaar, is dit reeds die 26ste fees en die hoofdoel van die fees is om die heerlike, geurige skaapvleis van die streek te bevorder.  Beslis ’n hoogtepunt op die kalender.

Tydens hierdie gesogte geleentheid sal besoekers die geleentheid hê om saam met familie en vriende aan al die feestelikhede deel te neem wat vanjaar op die spel is. Dit sluit onder andere top gehalte Afrikaanse kunstenaars, kosstalletjies en ’n reeks opwindende aktiwiteite in. Continue reading

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