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 5th January: 1. Companies named in state capture: Zondo’s report on state capture “will consist of manageable volumes” to deal with different state-owned enterprises (SOEs) to “enable anyone who wishes to read a part of the report that relates to a specific SOE or topic to take the particular volume and […]
News in South Africa 23rd December: 1. Over the peak of fourth wave: South Africa has crested the fourth wave of Covid-19 infections driven by the spread of the omicron variant. CSIR researcher Ridhwaan Suliman said that the country passed the peak in about half the number of days it took to get past previous waves. South […]
News in South Africa 24th November: 1. Liquor traders plead for no alcohol ban: Liquor traders are pleading with the government not to act hastily in dealing with the fourth COVID-19 wave. They fear the imposition of further alcohol bans will hurt players in the sector. Having been slammed with several outright bans on alcohol […]
News in South Africa 23rd November: 1. Fourth Covid wave creeping in: Wits University vaccinologist Prof Shabir Madhi says that South Africa is in the early stages of a Covid-19 resurgence and warns that the fourth wave of infections will likely hit different parts of the country at different times. The fourth wave is starting, […]
News in South Africa 17th November: 1. Sasria to pay our R32b for unrest: The South African Special Risk Insurance Association (Sasria) expects to pay out R32 billion to all claimants affected by the unrest that took place in KwaZulu-Natal and parts of Gauteng in July. The riots insurer together with its agent companies has […]
News in South Africa 16th November: 1. Growing debt problems: The latest debt index from DebtBusters shows that South African consumers are falling further into financial trouble as people turn to unsecured credit to supplement their paycheques. The group’s third-quarter enquiries show that debt counselling increased by 17% compared to a year ago. Many consumers […]
News in South Africa 12th November: 1. Budget speech receives mixed reviews: Finance Minister Enoch Godongwana’s Medium-term Budget Policy Statement (MTBPS) has received mixed reaction, with some opposition parties welcoming his stance on government spending. Tabling his statement, Godongwana said that consolidated government spending was expected to increase over three years. But he announced no […]
News in South Africa 11th November: 1. Mid-Term budget speech today: Finance minister Enoch Godongwana will deliver his maiden Medium Term Budget Policy Statement (MTBPS) at 14h00 on Thursday (11 November). The MTBPS can be viewed through several channels, including TV services like DStv, news channels, and live-streaming sources like YouTube. You can watch the […]
News in South Africa 10th November: 1. Restaurants load shedding struggles: Restaurants roll out generators to fight load shedding – at a cost of R1,000 per hour. South Africa’s embattled restaurant industry is being battered by load shedding, turning to petrol and diesel generators to keep the lights on. But record-high fuel prices, following months […]
