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Category: Finance

July 1, 2022 Finance, Headline, SARS 0

South Africa’s tax season is now open – here are the big changes you should know about

The South African Revenue Service (SARS) has announced the launch of the 2022 income tax season for individuals, with the revenue authority noting that it has made 'significant changes' to filing this year.

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June 30, 2022 Finance, Headline, PwC 0

3 scenarios for the rand in South Africa – and where it’s heading for the rest of 2022

Professional services firm PwC has published its latest economic outlook for South Africa, including forecast scenarios for where the rand is heading for the remainder of 2022.

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June 29, 2022 Finance, Headline 0

Big price hikes hitting South Africa this week

South African consumers are set to face a series of price hikes in July, including electricity and fuel price increases.

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June 28, 2022 Bankserv Africa, Finance, Headline, statssa 0

This is the average salary in South Africa right now – and what people actually take home after tax

Statistics South Africa has published the latest Quarterly Employment Survey (QES) for Q1 2022 showing what workers are getting paid across the various sectors in the country.

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June 28, 2022 Finance, Headline, Webber Wentzel 0

Here is the new retirement system planned for South Africa

National Treasury acting director-general Ismail Momoniat has provided a breakdown of the government's plans for a new the two-pot retirement system, governance of umbrella funds and changes to existing regulations.

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June 28, 2022 Finance, Headline 0

Minimum wage problem for South Africa

A significant number of South African companies are still not paying minimum wage to their workers, despite mandatory changes and increases over the past year.

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June 27, 2022 Finance, Headline, Magda Wierzycka 0

Magda Wierzycka on investing in South Africa right now

South African investors should look at maximising their offshore exposure at all times, in a diversified portfolio of equities, says Magda Wierzycka.

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June 27, 2022 Finance, Headline, SARS 0

Here are the tax thresholds for 2022 – and who doesn’t have to pay: SARS

The South African Revenue Service (SARS) has published its annual guide for the income tax season, detailing who is expected to pay income tax in South Africa and the different types of income which will be taxed. 

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June 23, 2022 Finance, Headline, SARS, Webber Wentzel 0

SARS is changing auto-assessments for taxpayers – what you should know

SARS has introduced some changes to the auto assessment process this year to make it easier for taxpayers to file their income tax returns, says Joon Chong, partner at Webber Wentzel.

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June 23, 2022 Finance, Headline, Investec 0

Bad news for prices in South Africa – including a R2 petrol hike in July

The ongoing war in Ukraine, intensifying international sanctions and adverse local weather all point to South Africa seeing higher prices and inflation levels for longer than originally forecast.

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