The four themes we expect to find traction during 2021 are coronavirus and the vaccines deployed against it; reflation; a global move toward even tighter regulation; and crypto assets, as opposed to only cryptocurrencies...
Andrew Duvenage, 3 days ago
On 4 January 2021, the South African Reserve Bank released Exchange Control Circular No. 1/2021 which provides for the long-awaited relaxation of the South African exchange control rules relating to "loop" structures and investments...
Cor Kraamwinkel, Keith Veitch and Sean Franken 13 Jan 2021
The South African government's decision to extend the alcohol ban has led the alcohol industry to apply for a deferment of the payment of excise tax payments until the ban is lifted...
Looking back at 2020, the most significant development on the tax front must certainly have been government's tax relief measures aimed at helping businesses mitigate the impact of the Covid-19 pandemic...
Albertus Marais 6 Jan 2021
The government's tax-incentive to boost economic growth - Section 12J of the Income Tax Act - gives investors more than a mere tax benefit...
Renier de Wit 28 Dec 2020
As part of measures to slow down the spread of Covid-19, the South African Revenue Service (Sars) offices will temporarily close with effect from Christmas Eve...
South African Revenue Service (Sars) Commissioner, Edward Kieswetter, has welcomed the unanimous judgment of the Constitutional Court confirming the revenue collector's right to withhold taxpayer information...
South African Revenue Service (Sars) commissioner, Edward Kieswetter, has been appointed as vice chair of the Africa Initiative by the Global Forum on Transparency and Exchange of Information for Tax Purposes...
What a year 2020 has been! So, we've curated the year's most popular articles, most-read contributors and brand press offices with the most views on Bizcommunity's Finance & Insurance platform into our #BestofBiz2020 list...
Businesses preparing for their 2020 fiscal year-end audits will need to enhance digital capabilities and embrace tools that enable virtual audit procedures and watertight due diligence as they navigate the uncertainties presented by Covid-19...
LexisNexis 7 Dec 2020
Anti-money laundering (AML) compliance should not merely be a tick-box exercise for financial institutions, as it not only exposes the organisation to the risk of hefty non-compliance penalties and reputational damages...
Sumit Kumar Sharma 2 Dec 2020
Over 100 people have been arrested in South Africa's corruption crackdown in 2020 and it's of particular interest to note that many of these cases involve allegations of money laundering and fraud.
Craig Hills 1 Dec 2020
Large asset management firms protecting their turf are behind the abrupt suspension of the National Treasury circular allowing higher ratio of offshore investments for pension funds...
The world is currently experiencing one of the worst health pandemics since the Spanish Flu in 1918. Not only has this had an impact on the health infrastructure of many countries, but it has resulted in economic turbulence in many markets with the looming potential of a global economic downturn if recovery efforts are not speedily implemented...
Bullion PR & Communication 25 Nov 2020
Finance Trends 2021
