BILA ASNATH

 By: Asnath Bila Twitter:  @ASNATH Email: bilaasnath@gmail.com The Marginal Propensity Consume (MPC) increased the repurchase rate by 50 basis points to 8.25% per annum with effect from 26th May 2023. The decision was unanimous. At the current repurchase rate level, policy is restrictive, consistent with elevated inflation and risks.                                                                   (Image: Bila Asnath) Mametja Cindy, a bond house owner, “When repo rate increases it affects the prime lending rate, lifestyle, and the interest rate that someone will be charged for any loans or credit facilities you use.” That leads to paying more for clothing accounts or paying back any money you may own in terms of monthly budget and that can affect the ability of paying bills.           ...

By: Asnath Bila Twitter: @ASNATH Email: bilaasnath@gmail.com The 2023 Royalty Soapie Awards were held at The Galleria in Sandton on Saturday evening, 11 March 2023. The Royalty Soapie awards acknowledges the considerable role soapie play within society. Focuses on nurturing and growing talent by creating a standard of greatness of Soapies and recognizing and awarding those who excel.                                                                      [GOOGLE]                                                                      Founder and CEO Winnie Ntshaba said that the awards celebrated the talent behind the soapie industry. &quotes are...

 By: Asnath Bila Twitter: @ASNATH Email: bilaasnath@gmail.com Mamba FC won and took the trophy home and R400 after they conquered Blue Bird FC. Blue Bird FC was awarded R1500 every team that participated received a brand-new soccer kit. The soccer tournament was held at Shaka resident stadium extension VV on the 19th of May 2023.                                                          Image: Asnath Bila The Shaka tournament began in 2021, it aims to use sports such as soccer and netball to help to improve nation building and school cohesion around Soshanguve. Both teams are looking forward to having another match next weekend.                                                             Image...

 By: Bila Asnath  Twitter: @ASNATH  Email: bilaasnath@gmail.com A young lady has made it her mission to be a student and a part time baker. Ndlovu Zandile is a 22-year-old Information Technology (IT) student at Tshwane University of Technology, born and raised in Mpumalanga.                                                                           (Image: Instagram)  "It is not easy running a business and being a student. I find it more difficult during exam time because you have to manage two things at once. You have to study and push a business as well, you must have faith on yourself because some situations can take you out of your comfort zone to struggle." Said Zandile In 2020, Zandile had to figure out a way of making money, she produced an idea of baking such as scones, pancakes...

  By: Bila Asnath  Twitter: @ASNATH  Email: bilaasnath@gmail.com The rate of unemployment in South Africa is high. Young people, especially the youth, graduates from college and universities but find themselves jobless. Mr. John Molekwa is running a food business at Block H, his business has created job opportunities for the youth of Soshanguve. The Frakadela food business has been running for years now and Mr. John wishes to continue bringing change to the community. He is managing two different food businesses and hired three youth members to hold the other place.                       (Frakadela menue) Mr. John  has been working with youth members of Soshanguve,his wish is to continue working with young people and keep them out of the street and depression. It provides character and individuality to a community, business like these are the backbone of the community. Watch the video below of Frakadela employee'...

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