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#AfricaMonth

#AfricaMonth: Fintech breaks down borders in FX trading

The evolution to electronic foreign currency trading in Africa, given its fragmented markets and lack of legacy infrastructure, was slow to start, but has gained in traction.

23 May 2018

VAT review report due next month

The panel established to review a list off zero-rated food products will submit its report next month, said Finance Minister, Nhlanhla Nene, when he tabled the Treasury's budget vote at the National Assembly.

22 May 2018

Explainer: who will be doing what under South Africa's new 'Twin Peaks' model

South Africa has started implementing a new regulatory regime for the financial sector. Known as Twin Peaks, the approach was first adopted in Australia in 1998...

By Andrew Schmulow 21 May 2018

SA adopts XBRL for annual financial statement reporting

South Africa is one of the first countries on the continent to adopt XBRL for qualifying reporting entities submitting their annual financial statements...

18 May 2018

Panel of experts on VAT calls for submissions

The Independent Panel of Experts, set up to review the current list of zero-rated Value Added Tax (VAT) items, has invited all interested stakeholders to make written submissions for their consideration...

11 May 2018

Treasury to host public financial management conference

Finance Deputy Minister Mondli Gungubele is expected to address the second Public Financial Management (PFM) Conference that will get underway in Johannesburg today.

9 May 2018

Reforms to diesel tax refund system could hold welcome relief for struggling SA farmers

"Government has an immediate and obvious avenue to ease the burden of farmers, and help cash-flow and profit generation and we hope that the coming months will see speedy legislative reforms that introduce a practical and more lenient approach to diesel rebates so that farmers are able to fully benefit."

9 May 2018

Tom Moyane served with disciplinary charges

Suspended SARS Commissioner Tom Moyane has been served with disciplinary charges, the Presidency announced...

4 May 2018

New tax laws: What are SA expats' options?

South African expatriates need not only understand the new expatriate tax law, but also act on it or face dire tax consequences...

By Jonty Leon 3 May 2018

The not-so-sweet consequences of sugar tax

South Africans may not be able to fully appreciate how far-reaching the so-called sugar tax, which Treasury introduced on 1 April 2018, really is...

3 May 2018

Saipa: Non-compliant tax practitioners risk deregistration

The South African Institute of Professional Accountants (Saipa) has urged its tax practising members to ensure they are compliant with Sars requirements...

2 May 2018

SARS wants their bit of your bitcoin

A look into what guidance SARS has provided on how cryptocurrencies should be treated for tax purposes, as well as some key questions which still remain...

By Hanno le Roux, Issued by Meredith Harington 30 Apr 2018

Governance can minimise data complexity in the financial sector

Most financial giants have been around for decades. Over the years, they have built up a complex array of systems, platforms and various other data sources which interconnect across multiple levels...

By Gary Allemann 26 Apr 2018

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