South Africa’s central bank said it will continue using interest rates to curb inflation, and responded to calls for its mandate to explicitly include promoting economic growth and creating jobs by saying monetary policy already targets those indicator...
The South African Revenue Service’s (SARS) trade statistics for September 2022 recorded a preliminary trade balance surplus of R19.70 billion.
The South African Revenue Service (SARS) set out goals to permanently change how it does business and is meeting nearly every mark.
Fuel and food inflation is expected to abate after an extended period of hitting consumers in South Africa hard, says Miyelani Malulek, macroeconomics researcher at Absa.
Economists and financial service firms at large said that the bracket of taxpayers that is absorbing the majority of the country's tax responsibility is also shrinking consistently.
South Africa's power situation is getting worse as breakdowns of Eskom's generation fleet multiply - and the economy is taking severe strain, as a result, say economists at Absa.
SARS has been a hot target for criminals who use its name and authority to their advantage by misrepresenting their true identity - when trying to defraud someone.
The South African Revenue Service (SARS) has accepted the challenge of collecting even more taxes put forward by the minister of finance Enoch Godongwana, in his latest Medium-Term Budget Policy Statement (MTBPS).
Godongowana delivered the MTBPS on Wednesday, 26 October covering alongside the topics of Eksom and E-tolling in Gauteng - other important fiscal talking points, pricking up the ears of South African economists from across industries.
South African finance minister Enoch Godongwana collected more money than he expected this year because of a jump in commodity prices, which led to better tax collections.