Spar franchisee ordered to pay workers millions
Spar franchisee ordered to pay workers millions

A Spar franchisee has been ordered to pay millions of rands to workers for unlawful deductions on earnings, as well as non-compliance with the National Minimum Wage (NMW), said the Department of Employment and Labour.

16 hours ago

Government announces new National Minimum Wage rate
Government announces new National Minimum Wage rate

The Department of Employment and Labour says the new rate for the National Minimum Wage (NMW) for each ordinary hour worked will now be R20.76.

1 day ago

Lessons from Al Capone on taxpayers' rights to confidentiality
Lessons from Al Capone on taxpayers' rights to confidentiality

Several high-profile figures have come under public scrutiny during commissions of inquiry for serious crimes such as fraud and corruption. Prosecuting these offences is often a long and complex processes. Al Capone, the infamous American mobster, was convicted of tax evasion as it was easier for the US Attorney General to secure a conviction for tax offences than comply with the evidentiary requirements of his other crimes. But what right does the South African taxpayer have for the information disclosed to Sars to be kept confidential?

By Graeme Palmer 1 day ago

Province raps city's knuckles over state of rivers
Province raps city's knuckles over state of rivers

The quality of water in Cape Town's rivers has deteriorated to the point where the provincial government has dispatched the Green Scorpions and issued the city with a warning to clean up its act.

By Steve Kretzmann 21 Feb 2020

Draft regulations on ownership and control in the communications sector
Draft regulations on ownership and control in the communications sector

Following the release of its position paper in February 2019, the Independent Communications Authority of South Africa (Icasa) published its long-awaited draft regulations on ownership and control in the telecommunications and broadcasting sectors, for public comment, on Friday, 14 February 2020. The deadline for submissions on the draft regulations is 3 April 2020.

By Livia Dyer 20 Feb 2020

Employment Equity Amendment Bill to bring about real transformation
Employment Equity Amendment Bill to bring about real transformation

As the Employment Equity Amendment Bill makes its way to Parliament for deliberation, the Department of Employment and Labour has set the ball in motion for the introduction of sector-specific Employment Equity numerical targets.

20 Feb 2020

Heritage Western Cape slams River Club development plan
Heritage Western Cape slams River Club development plan

Heritage Western Cape has slammed the study on which the developers based their proposed R4bn property development at the River Club in Observatory, Cape Town.

By Steve Kretzmann 20 Feb 2020

Bill to make early childhood development compulsory
Bill to make early childhood development compulsory

Basic Education Minister Angie Motshekga says the department will table a bill this year that will make two schooling years before Grade 1 compulsory.

19 Feb 2020

Companies prepare for the CIPC's new compliance checklist
Companies prepare for the CIPC's new compliance checklist

The Companies and Intellectual Property Commission (CIPC) has introduced a new requirement for all South African companies to declare their compliance with specific sections of the Companies Act 2008 (Act) by completing and submitting a compliance checklist online. The new requirement came into force on 1 January 2020 and requires companies to submit their compliance checklist before they can file their annual returns.

By Madelein Burger, Elodie Maume, Cindy Leibowitz, and Marina Hodgkinson 19 Feb 2020

Image source: Getty/Gallo
#BizFinFocus: Time for central banks to face climate change

Seventy percent of central banks and regulators see climate change as 'major threat' to financial stability, but are split on where responsibility for action lies.

19 Feb 2020

How SPLUMA will affect sellers
How SPLUMA will affect sellers

According to new legislation, all municipalities will have to be compliant with the SPLUMA (Spatial Planning and Land Use Management Act) by October 2020. But what exactly does this mean and how will it impact sellers?

By Oliver Moorcroft 19 Feb 2020