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IBN Offices Stellenbosch Stellenbosch Kapstadt Kapstadt Johannesburg Johannesburg

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Date & Weather

Date: 06.02.2012
Time: 01:05

Capetown:

Temp.: 23 °C / 73 °F
Wind: SSW / 4 kn
Sunrise: 05:45
Sunset: 20:14

Johannesburg:

Temp.: 17 °C / 63 °F
Wind: NE / 6 kn
Sunrise: 05:20
Sunset: 19:21

RSS  News Highlight
19th Jan 2012

Interest Rate remains unchanged!

The South African Reserve Bank left its repo rate unchanged at 5.5% on Thursday as expected, with concerns about a slowing economy off-setting the pressures from inflation, which is likely to stay outside its target band for longer than previously expected.

At its first policy meeting of 2012, the bank raised its inflation forecast, saying it expected inflation to be outside its 3-6% target range throughout 2012, with the recent depreciation of the rand being the main ...[MORE]

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Exchange Rates

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Rates are compliment of the ECB and will be updated once a day on weekdays only.
    17.01.2012: Economic Growth: 3.1 % +++ Inflation Rate: 6.1 % +++ Prime Lending Rate: 9.0 % +++ Rand Prognosis: weak +++ Interest Prognosis: unchanged +++ Budget Deficit: 5.5% +++ Unemployment Rate: 25.0 %   ||

Employment

Due to globalisation, an increasing number of foreigners are interested in working abroad. South Africa, on the other hand, is in great need of skilled workers. Vacant jobs in different business sectors very often can’t be filled with South African workers. To address the skills shortages, legislation is in place to enable highly-skilled foreign nationals to work in South Africa.

However, most foreigners won’t be listed with personnel agencies if they are not permanent residents of South Africa. IBN Recruitment encourages well qualified foreigners in search of employment in South Africa to submit their CVs to us for placement in suitable positions. We provide employers with the required information and assistance in order to ease the administrative burden during the work permit application process.

As part of our recruitment service, we offer a thorough candidate screening process and conduct a comprehensive competency-based interview with each candidate. This is complemented by extensive reference checking and, if required, qualification and credential checks can also be carried out. Web-based testing is also done in certain instances.