South Africa’s communications regulator, Icasa, has signed a memorandum of understanding with the US Federal Communications Commission that will see the two regulators collaborate and share ideas.
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South Africa’s Infrastructure Fund, which is spearheading government efforts to secure R1-trillion of private investment, said it has identified a project pipeline and implementation could begin by year-end.
Health minister Zweli Mkhize says government remains committed to vaccinating 65% of the population, or 40 million people, by the end of the year to help the country reach herd immunity.
Kgosie Matthews, the Icasa councillor who was appointed only reluctantly to the ICT regulator by communications minister Stella Ndabeni-Abrahams, has resigned.
South African civil servants demanded a pay rise that’s more than double the inflation rate, a week after finance minister Tito Mboweni insisted the government can’t afford increases.
Only 5.8% of South Africa’s population is paying about 92% of all personal tax in the country, according to Econometrix chief economist and director Azar Jammine.
The South African Revenue Service has been given a huge injection of R3-billion to improve its technology infrastructure and artificial intelligence capabilities.
South Africa signalled a shift in budgetary policy, backtracking on planned tax increases as it switched focus to reigniting the coronavirus-battered economy by bolstering consumption and investment.
South Africa could spend as much as R19.3-billion over the next three years to vaccinate most of its population against Covid-19, national treasury said in a budget presented to parliament on Wednesday.
As the economy sheds jobs and business closures mount because of the Covid-19 lockdowns, South Africa has its work cut out in attempting to expand the tax base. By Robyn Berger.