News in South Africa 21st November: 1. Sars APN impacts imports: On 1 December, the South African Revenue Service (Sars) will implement new advance payment notification (APN) requirements in a bid to combat illicit cash flows. The changes will impact all import payments valued at R50 000 and above. An APN is an application made by […]
News in South Africa 12th September: 1. 200 000 public job cuts: President Cyril Ramaphosa has called an urgent but long overdue meeting with organised labour for Tuesday, as the possibility of a further wage freeze, job cuts, and more cuts to government services hang over the country. Federations were urgently advised of the meeting […]
News in South Africa 7th September: 1. Worst areas for crime in SA: Although crime ticked downward in South Africa in the first quarter of 2023, the numbers still remain alarmingly high, with several neighbourhoods highlighted as being more dangerous than others. The latest South African Polic Service (SAPS) crime stats from April to June […]
News in South Africa 29th August: 1. Over 900 businesses closed in 2023: Data from Stats SA shows that 140 businesses in South Africa were liquidated in July. According to Stats SA, the 127 businesses closed down voluntarily, while 13 did so on a compulsory basis. This takes the total number of liquidations in South […]
News in South Africa 12th May: 1. Cyril investigates arming Russia allegations: South African President Cyril Ramaphosa instituted an inquiry into allegations that the country supplied weapons and ammunition to Russia, despite Pretoria having taken a neutral stance on its invasion of Ukraine. Ramaphosa announced the probe on Thursday, hours after US Ambassador to South […]
News in South Africa 22nd September: 1. All talk no action for energy crisis: Hours after Cyril Ramaphosa held a Cabinet meeting to discuss the country’s energy crisis, the president and his ministers were still deliberating on reports presented by Public Enterprises Minister Pravin Gordhan. The president held a scheduled Cabinet meeting on Wednesday, which […]
News in South Africa 11th August: 1. Worries over SA being ‘greylisted’: The possibility of South Africa being greylisted by the Financial Action Task Force (FATF) could make doing business with the country even tougher. Rebecca Thomson, a senior associate at Allen & Overy, told CapeTalk that if the country is deemed a high-risk jurisdiction to transact, […]
1. Government to review lockdown: The government is reviewing South Africa’s lockdown restrictions on a weekly basis and is encouraged by the declining number of Covid-19 cases seen in the country, says health minister Joe Phaahla. Addressing media on Friday (3 September), Phaahla said an analysis would be conducted by the health department and the […]
News in South Africa 29th July: 1. Hospitals and staff overwhelmed: While South Africa may be past the peak of the third wave, hospitals and medical staff are suffering aftershocks as admissions continue to rise. The peak of the wave reflects a topping out of new infections – however, those new cases tend to flood […]
