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Sarb's decision to leave interest rate unchanged is good news for home buyers
Sarb's decision to leave interest rate unchanged is good news for home buyers

Following yesterday's announcement by the South African Reserve Bank, rates will remain unchanged for this quarter, which means that the prime lending rate is still 9.25%...

21 Nov 2014 11:00

Repo rate unchanged at 5.75%
Repo rate unchanged at 5.75%

The repo rate will remain unchanged at 5.75%, new Reserve Bank Governor Lesetja Kganyago said on Thursday...

21 Nov 2014 08:13

Products with performance fees will not qualify as tax-free savings accounts: Treasury
Products with performance fees will not qualify as tax-free savings accounts: Treasury

In draft regulations on tax-free savings accounts‚ due to apply from March next year‚ the Treasury says products with performance fees will not qualify...

21 Nov 2014 07:39

Tax Statistics bulletin reveals areas of growing concern
Tax Statistics bulletin reveals areas of growing concern

The SA Revenue Services (SARS) and the National Treasury released an annual Tax Statistics bulletin at the beginning of November, which tables revenue collection and provides insights into economic indicators...

17 Nov 2014 14:16

State awaits investigation on Sars spying and brothel allegations
State awaits investigation on Sars spying and brothel allegations

Government yesterday remained mum on a further raft of serious allegations against the South African Revenue Service (Sars) including the running of a brothel published in the weekend press...

11 Nov 2014 08:13

New withholding tax on interest soon into operation
New withholding tax on interest soon into operation

With the new withholding tax on interest soon coming into operation on 1 March 2015, preparations by affected parties for the tax should be well under way.

By Graeme Palmer 7 Nov 2014 07:59

Government must control spending: deputy minister
Government must control spending: deputy minister

While working to reduce poverty and inequality, South Africa also needs to control the amount of government borrowing, says Finance Deputy Minister Mcebisi Jonas.

6 Nov 2014 05:25

Citizens pay even more tax than firms
Citizens pay even more tax than firms

The South African tax burden has steadily increased over the past four years with individual taxpayers bearing the biggest part of it as the gap between their contributions and that of companies continues to widen.

5 Nov 2014 13:37

Promethium Carbon geared to conduct pilot carbon offset trade
Promethium Carbon geared to conduct pilot carbon offset trade

In preparation for a future local carbon offset trading programme, Promethium Carbon aims to conduct a pilot carbon offset trade by the end of this year.

3 Nov 2014 08:30

South Africa pushing ahead with carbon tax
South Africa pushing ahead with carbon tax

South Africa's strategy to make a contribution towards greenhouse gas (GHG) emission mitigation was adopted by government in 2011 when the South African Cabinet approved the Carbon Tax Policy Paper.

By Happy Masondo 31 Oct 2014 09:51

Improvements in regulations important for growth and development
Improvements in regulations important for growth and development

Doing Business 2015: Going Beyond Efficiency, a new World Bank Group report, has revealed that in the past year, governments around the world continued to implement a broad range of reforms aimed at improving the regulatory environment for local entrepreneurs.

31 Oct 2014 06:42

Increased compliance burden for PBOs is unfortunate
Increased compliance burden for PBOs is unfortunate

In the first version of the Draft Taxation Laws Amendment Bill of 2014 that was released in July, it was proposed that public benefit organisations (PBOs) that provide assets or funding to other PBOs would have to comply with a prescribed investment regime.

By David Warneke 31 Oct 2014 06:16

Crash survivors get R22.2bn from RAF
Crash survivors get R22.2bn from RAF

The Road Accident Fund (RAF) paid a record R22.2bn to people who survived vehicle accidents in the 2013/14 financial year.

30 Oct 2014 10:20

NRCS destroys 1bn non-compliant plastic bags
NRCS destroys 1bn non-compliant plastic bags

The National Regulator for Compulsory Specifications (NRCS) says manufacturers and retailers who do not comply with the revised compulsory specifications for plastic carrier bags and flat bags, will be charged.

By More Matshediso 30 Oct 2014 09:41

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