South Africa is an overtaxed and uncompetitive country that is inching closer to junk status, according to chairman of the Organisation Undoing Tax Abuse Wayne Duvenage. He was
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The South African Revenue Services (Sars) has never collected more than a trillion rand in taxes before — until now. “Gross tax revenue for the fiscal year came in at R1,0699 trillion or R0,2bn more than the February estimate,” Sars commissioner
Media outlets across the country took a brief sojourn from bad news, engaging in some humorous attempts to dupe their readers and listeners on April Fools’ Day. The Witness newspaper in Pietermaritzburg spun a yarn that the city council
The Organisation Undoing Tax Abuse said Thursday’s court decision to dismiss with costs its urgent application to interdict Eskom from implementing the approved tariff increase by 9,4% on April 1 2016 would not deter it. “Setting aside the urgency of our
KPMG has terminated its business relationship with the Gupta business empire due to the political storm surrounding the family’s friendship with President Jacob Zuma. KPMG was the auditor for all Gupta-owned and -controlled businesses
If President Jacob Zuma didn’t already have enough on his plate after Thursday’s constitutional court judgment, he has announced he is splitting the department of telecommunications
President Jacob Zuma visited the United Arab Emirates to drop off R6bn belonging to the Guptas, Economic Freedom Fighters leader Julius Malema claimed on Thursday. “Zuma was in [the] UAE recently, in Dubai. That was not an official visit, it
The constitutional court has found that President Jacob Zuma acted inconsistently with the constitution when he failed to comply with the public protector’s remedial action on the
Communications regulator Icasa has conducted spot inspections of the retail outlets of South Africa’s mobile network operators and found that two-thirds of them don’t comply with regulations. According to Icasa, the inspections were conducted in
It’s official. The Johannesburg Stock Exchange is no longer the only game in town. ZAR X announced on Wednesday that the Financial Services Board has granted it a stock exchange licence that enables the company to operate as such, providing a