News in South Africa 14th November: 1. SARS needs funds: The South African Revenue Service (SARS) will soon run out of ways to collect more taxes as tax hikes are not an option, and the factors limiting the country’s tax revenue are outside the service’s control. This is feedback from Deloitte Africa’s tax controversy leader, […]
News in South Africa 3rd October: 1. SA has run out of money: South Africa is facing a severe budget shortfall, and with a stagnant, over-taxed tax base and massive debt, the government has run out of ways to raise more money. This is the warning from the South African Institute of Taxation CEO Keith […]
News in South Africa 4th May: 1. Economic risks of Covid resurgence: While the Covid-19 risk has diminished in South Africa, it has not disappeared, and a resurgence of cases in recent weeks could weigh on the economy this year, say economists at Absa bank. “New Covid-19 cases are again on the rise, with the […]
News in South Africa 2nd August: 1. Primary schools back in action: Primary schooling is expected to take a step closer to normality as thousands of pupils will return to class on a daily basis from Monday. The decision to allow full attendance of pupils from grades R to 7, as well as learners attending […]
News in South Africa 24th March: 1. Third wave closer than expected: Experts from the Nelson Mandela University in the Eastern Cape have warned that their statistical modelling shows that the third wave of Covid-19 could hit even sooner than expected – now projecting an increase in infections at the end of March and early […]
News in South Africa 8th December: 1. ANC tackling internal corruption: President Cyril Ramaphosa has taken a hard line at the ANC national executive committee (NEC) meeting, stressing that all leaders are bound by party resolutions while the debate over whether the corruption-accused secretary-general, Ace Magashule, should step aside rages on. The president stressed that […]
News in South Africa 16th October: 1. Economic recovery plan questioned: President Cyril Ramaphosa addressed a joint sitting of Parliament on Thursday to present the economic recovery plan for South Africa. He detailed the “fix” for the country exactly seven months after first declaring a national state of disaster. The president summarised the objectives of […]
