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A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service. Tips and their amount are a matter of social custom and etiquette, and
The currency decline made imports more expensive, and this in turn caused inflation in South Africa to rise at a steep 12–15% per year. [6] The South African government attempted to restrict the damaging outflow of capital. Knight writes that "in September 1985 it imposed a system of exchange control and a debt repayments standstill.
An honorarium is an ex gratia payment, i.e., a payment made, without the giver recognizing themself as having any liability or legal obligation to the recipient for their volunteered services, or for services for which fees are not traditionally required.
A reduction in worker remittances due to the "weakening" of the South African economy, contraction of the mining sector, and related job losses in South Africa contributed to Lesotho's GDP growth slowing to 0.9% in 2009. [51] The official currency is the loti (plural: maloti) which can be used interchangeably with the South African rand. The ...
This is a list of South African exchange-traded funds, or ETFs and South African exchange-traded notes, or ETNs.. Top 40 Equity ETFs. BettaBeta Equally Weighted Top 40 - The BettaBeta Equally Weighted Top40 Exchange Traded Fund tracks the performance of the companies in the FTSE/JSE Top 40 index, held in equal proportions of 2,5% each, calculated independently by the FTSE/JSE .
Free State (Sotho: Freistata) is one of the nine multi-member constituencies of the National Assembly of South Africa, the lower house of the Parliament of South Africa, the national legislature of South Africa.
The significance of Commonwealth withdrawal turned out to be less than expected. It was not necessary for South Africa to amend its trading preferences, and Prime Minister Macmillan reciprocated Verwoerd's assurance that withdrawal would not alter trade between South Africa and the UK. [11] South Africa now had its first independent constitution.
For example, South Africa has a Gini coefficient of 63 (highest), the United States is at 41.5, and Ukraine stands with a score of 25 (lowest). [3] Although Brazil and South Africa are often placed in the same category in terms of wealth and income inequality, Brazil has seen more positive results in recent years. In Brazil's case, its Gini ...