06/23/2025
On Monday, 23 June, the rand was trading at R18.10 to the dollar, R24.26 to the pound and R20.80 to the euro. Oil was trading slightly lower at $78.40 a barrel.
06/20/2025
Stock exchange suspension led to 75% drop in market value.
06/19/2025
The National Assembly delivered the bills to the President on Tuesday, marking a key step in the government’s ambitious overhaul of the country’s tax system.
06/18/2025
SARS found five serious compliance problems during the audit.
06/12/2025
South Africa has a high share of personal income tax as a percentage of GDP and a high top tax rate
06/11/2025
Tax efficiency is a necessity for preserving and growing long-term wealth.
06/10/2025
Carbon pricing provides incentives to abate emissions cost-effectively and invest in low-carbon technologies.
06/10/2025
But the continent’s debt burden has ballooned.
06/09/2025
The tax experts said that SARS’ two-pronged strategy of assisting compliant taxpayers while clamping down on those who defy the system is being enforced with greater urgency.
06/06/2025
Economists at Nedbank noted in a research report that the current account balance may deteriorate in the remainder of the year, as imports are expected to outpace exports.
06/03/2025
Now that the VAT hike has been pulled, keeping the expanded basket in the budget would be detrimental to the entire fiscus.
05/30/2025
The legal challenge is a potential setback in a messy process that has unsettled investors.
05/28/2025
To compensate for this revenue loss, Godongwana cut some spending in the outer years of the MTEF and hiked the fuel levy to raise additional cash.
05/23/2025
The taxpayer in question is a successful businessman who owns several companies.
05/21/2025
South Africa’s Finance Minister Enoch Godongwana will deliver his third version of the budget to lawmakers at around 2 p.m. in Cape Town.
05/21/2025
No new taxes, except a possible fuel levy hike, say analysts.
05/20/2025
Most budget previews anticipate a much lower growth forecast, a wider budget deficit, sizeable cuts to spending programmes, and a host of smaller tax changes to make ends meet.
05/20/2025
News platforms in South Africa have suffered significant losses over the last decade or so as the distribution of news content has become digital.
05/20/2025
South Africa’s well-respected tax framework enriched by robust international treaties, creates a transparent and secure environment ripe with opportunities for growth and prosperity in the region.
05/15/2025
The minister of finance must consider various ways of raising revenue to plug the hole in Budget 3.0, but a wealth tax is not one of them.