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Rand Rises to Highest in Week, Bond Yields Tumble on Euro Accord

The rand advanced to a more than one-week high against the dollar and yields fell to six-week lows after European leaders agreed a plan to stem the region’s debt crisis, whetting investor appetite for riskier assets. South Africa’s currency strengthened 2.1 percent to 7.8363 per dollar by 10:25 a.m. in Johannesburg from yesterday’s London close….

Growing pains of the SME

One of the key issues facing the SME is how to maintain high standards of delivery whilst achieving growth. Not an easy one to manage it has to be said. Cost implications of growing too quickly like taking on the additional manpower, a new office space and the time spent finding these key ingredients can…