Finance Trends 2019

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President signs tax bills into law

President Cyril Ramaphosa has signed into law three 2018 tax bills that give legislative effect to the tax proposals announced by the Minister of Finance in last year's annual National Budget Speech...

1 day ago

Repo rate unchanged at 6.75%

The repurchase rate remains unchanged at 6.75% per year, says Reserve Bank Governor, Lesetja Kganyago...

2 days ago

Sydney Mbhele steps up as CEO for Sanlam brand division

NEWSWATCH: Sydney Mbhele, formerly the marketing and communications officer for the Liberty Group, will be chief executive of brand for financial services group Sanlam with effect from 1 April...

2 days ago

#BizTrends2019: Integrated reporting - the end of annual financial statements?

Over the last six years, integrated business reporting has gained a significant amount of traction, with big corporates migrating from the traditional reporting method, which focuses on financial statements, to a more integrated framework of reporting that incorporates all aspects of the business...

By Faith Ngwenya 2 days ago

Is South Africa ready for a state-owned bank?

The proposed amendments to the South African Banks Act will pave the way for a state-owned bank to be established on equal footing with privately owned banks...

By Chantel van Zyl and Rui Lopes 2 days ago

Mobile payments boost Nigerian economy

Mobile penetration has significantly increased across Africa, with Nigeria remaining the largest mobile market of about 162-million subscribers and a penetration rate of 84%...

2 days ago

Even a hard Brexit is better than uncertainty

With the March 29 deadline looming, the United Kingdom's departure from the European Union still shows no clear outcome...

By David Zahn 3 days ago

Countdown to enforcement of amended SA expat tax law

The tax exemption on South African expatriates is set to change, with significant repercussions, for the many South Africans who are employed by companies abroad, from an SA tax liability point of view...

By Claudia Aires Apicella 3 days ago

Theresa May Brexit deal hammered in parliament, but be wary of prospects of a new 'consensus' approach

Another day, another record. The 230 majority against the motion to approve Theresa May's withdrawal agreement on the UK's exit from the EU smashes pretty much any parliamentary record one cares to discover...

By Simon Usherwood 3 days ago

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