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In finance, an interest rate cap is a type of interest rate derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. An example of a cap would be an agreement to receive a payment for each month the LIBOR rate exceeds 2.5%.
The HDFC was established under the National Housing Act No. 37 of 1957 and it commenced operations in June 1984. [4] The Housing Development Finance Corporation of Sri Lanka Act No. 7 of 1997 passed in the parliament of Sri Lanka. Under the act, the HDFC was established as a state-owned enterprise. The act was amended in 2003, allowing the HDFC ...
It's compulsory for a business to register VAT remission when the value of taxable supplies in a 12-month period exceeds or is expected to exceed R1 million. VAT in South Africa currently stands at 15% as of 1 April 2018. [26] Value Added Tax (VAT) was first introduced in South Africa on 29 September 1991 at a rate of 10%. In 1993 VAT was ...
The first census in South Africa in 1911 showed that whites made up 22% of the population. This declined to 16% in 1980, [31] 8.9% in 2011 and 7.65% in 2022. [32]: 21 Coloured South Africans replaced Whites as the largest minority group around 2010. Maps of ethnoracial groups of South Africa
A graph of South Africa's murder rate (annual murders per 100,000 people) spanning the century from 1915 to 2023. The murder rate increased rapidly towards the end of Apartheid, reaching a peak in 1993. It then decreased until bottoming out at 30 per 100,000 in 2011, but steadily increased again to 44 per 100,000 in 2023 after a brief drop in 2020.
The rate of sexual violence in South Africa is among the highest recorded in the world. ... 2014/15 43,195 80 2015/16 41,503 77 2016/17 39,828 71 2017/18
Several independent sectors of South African society opposed apartheid through various means, including social movements, passive resistance, and guerrilla warfare.Mass action against the ruling National Party (NP) government, coupled with South Africa's growing international isolation and economic sanctions, were instrumental in leading to negotiations to end apartheid, which began formally ...
The term of the National Assembly is five years. The previous general election was held on 7 May 2014, [4] and the term of the National Assembly therefore ended on 6 May 2019, but the National Assembly remained competent to function from the time it is dissolved, or its term expires, until the day before the first day of polling for the next National Assembly.