Business & Investment

South Africa: Sin Taxes Increase

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] Smokers and drinkers will from Wednesday have to dig deeper into their pockets for cigarettes and alcohol.

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South Africa: SABC to Get R1.1bn Cash Tranche in March

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] The public broadcaster, the SABC, is expected to get the remaining R1.1 billion of its R3.2 billion bailout by the end of next month, the National Treasury said on Wednesday.

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South Africa: Government Sets Aside R16.4bn for SAA

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] Government has set aside R16.4 billion to repay guaranteed debt for the struggling airline SAA, the National Treasury said on Wednesday.

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South Africa: SA Readies to Establish State Bank

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] Government is ready to establish a state bank, Finance Minister Tito Mboweni said on Wednesday.

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South Africa: Turning Point – Reforms to Deal With Wastage

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] Tabling a very difficult budget, accompanied by a revenue shortfall amid low growth, Finance Minister Tito Mboweni said government needed to implement reforms and clean house to set the country on a path of recovery.

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South Africa: No Transfer Duties for Property Valued Below R1m

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] From next month, consumers buying property valued at less than R1 million will no longer be required to pay transfer duties, the National Treasury announced on Wednesday.

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South Africa: Tax Proposals Put Money Back Into the Pockets of Consumers

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] Despite a tough economic climate and a revenue shortfall of R63 billion, Finance Minister Tito Mboweni has announced tax measures that will give consumers some room to breathe.

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South Africa: Prasa Fails to Provide Security Plan to Court

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[GroundUp] It was due in December

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South Africa: Budget Day Marked By Protests and Marches

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[GroundUp] Issues included unemployment, climate change and gender rights

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South Africa: Economic Growth Revised Downward to 0.9 Percent

February 26, 2020 | Source: AllAfrica News: Economy, Business and Finance

[SAnews.gov.za] South Africa’s economy is expected to grow by 0.9% in 2020, National Treasury said on Wednesday.

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