News in South Africa 16th February: 1. Bad news for taxpayers: The Finance Minister will likely announce an increase in tax rates in the Budget Speech later this month as the government’s revenue collections continue to disappoint, leaving a gap of R15 billion to be filled. This is feedback from financial services firm PwC, which […]
News in South Africa 4th October: 1. Eggs rationed: Woolworths and Pick n Pay are rationing eggs to customers in a bid to ensure regular supply as SA’s worst ever avian influenza outbreak continues to gather momentum. Woolworths said in response to questions on Tuesday that it had “implemented a limit on whole egg purchases […]
News in South Africa 20th December: 1. Reserve Bank was hacked: Finance minister Enoch Godongwana recently revealed that the South African Reserve Bank suffered an attempted hack. The revelation was very late, with the attempt taking place in August (four months ago), but the media and South Africans only found out in the past week. […]
News in South Africa 19th May: 1. South African satellite developing: South Africa is moving ahead with a plan to develop a communication satellite, Minister of Communications and Digital Technologies Khumbudzo Ntshavheni said on Wednesday. Satellites are used to relay signals used for telecommunications, broadcasting, weather forecasting, navigation, scientific research and earth observation. Ntshavheni, who took over […]
News in South Africa 20th January: 1. Vape industry targeted: National Treasury published a discussion paper on the intended taxation of electronic nicotine and non-nicotine delivery systems – vaping products – on December 15 last year, following the heads-up given by the Minister of Finance in the 2021 February Budget. The government had signalled its intention to start […]
News in South Africa 18th October: 1. Over 20mil vaccinated: On Friday, South Africa breached 20 million doses of Covid-19 vaccine administered, with another 154,000 people added to the tally of those fully vaccinated. That makes for some 35% of the adult population at least partially vaccinated. Ignore younger people, both less at risk of […]
News in South Africa 31st December: 1. Zero tolerance for lockdown rule-breakers: The country’s security forces stepped up checks in Johannesburg streets on Tuesday evening, under orders to implement what the authorities called a “zero-tolerance approach” to violators. The restrictions wind back the clock to the early months of the coronavirus pandemic in South Africa. […]
