National treasury has announced that Section 12J of the Income Tax Act will not be extended past its sunset date of 30 June 2021. This is a huge mistake. By Dino Zuccollo.
Browsing: Tito Mboweni
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 should speed up its vaccination programme and implement economic reforms to avoid further damage after virus restrictions pushed business confidence to a 35-year low in 2020, according to a local commerce group.
There are three important takeaways from the Chasing the Sun rugby documentary series, all of which are relevant to South Africa’s mobile sector, says the Cell C CEO.
South Africa, the country with the worst confirmed coronavirus outbreak in Africa, is yet to provide clarity on how it plans to order vaccines, even as the global race to secure inoculations accelerates.
The Public Investment Corp is willing to help Eskom resolve its debt crisis, finance minister Tito Mboweni said at the Bloomberg Capital Markets Focus virtual event.
Finance minister Tito Mboweni will have to find money to help the economy recover from its longest recession in three decades and bail out state companies in a budget that’s projected to record the biggest shortfall since 1914.
Lobby group Business Leadership South Africa has listed key reforms it views as necessary to fast-track growth in a letter to finance minister Tito Mboweni before his medium-term budget policy statement next week.
President Cyril Ramaphosa on Thursday unveiled a plan to revive the economy, with job creation, increased infrastructure investment, enhanced energy security and more local manufacturing among its key tenets.
South Africa’s economy will likely contract this year by more than the 7% previously forecast by the treasury, Finance Minister Tito Mboweni said in an opinion piece published on Sunday.