13 Mar 2012

Finance, Accounting & Banking

 

Pay... toll death do you part

The bad news is that, despite massive opposition, government is determined the Gauteng tolling will go ahead. The good news is that plans for more tolls have apparently been shelved. So it does pay to protest after all; what irks, however, is that the government cannot seem to see - or refuses to see - that tolling is double taxation (we already pay towards new roads with every litre of fuel we buy), and tolling in Gauteng will hit every person in this country. Why? Because every company that operates in or through Gauteng and/or has client companies in that province, will face increased costs. And, they will probably pass them on to us.

Meanwhile, the association representing the trawler industry is testy with agriculture and fisheries minister Tina Joemat-Pettersson, who wants to move the fisheries branch of her department from Cape Town to Pretoria. Doesn't it make sense to have a department and its officials close to the very people - trawler companies, fishermen and so on - with whom they need to be working?

From the blue sea to the blue sky... Despite some unkind soul nicknaming the company Velcro Sky, if everything works out as chief executive Dhevan Pillay says, Velvet Sky will fly again.

Finally, for all of you in the tourism industry, nominations for the HICA Business Awards are open, so get your entries in now.

Rod Baker, general manager: content

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Finance, Accounting and Banking


Velvet Sky to fly again
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Financial Services


Sanral speaks on e-toll bank account issue
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Investment Management


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Taxation


European airlines join forces against EU carbon tax
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International
Clickatell announces Connect API
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MasterCard sets sights on the next billion consumers
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Company news

Finance, Accounting and Banking


Invest in your governance risk and compliance initiative - Trade Conferences International
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Government
Manufacturing business confidence up to 47
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Police-Cosatu toll war looms
Confrontation is looming between Cosatu and the police over threats that workers will blockade Gauteng's toll gates. Read more >>

Plans for more tolls shelved
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Resistance proves futile in Wal-Mart merger
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Tolls will 'milk' the public: Cosatu
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Transnet key to unlocking SA growth: Stanlib
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SABC blasts corruption probe
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More ways in store to halt tolls, says Vavi
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Government will think twice about tolls in future
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