The South African Revenue Service’s (SARS) trade statistics for August 2022 recorded a preliminary trade balance surplus of R7.18 billion.
The rand gained further ground against a weaker dollar in morning trade on Tuesday (4 October) as it searches for any meaningful direction on either side of the R18.00 mark.
Shoprite and Massmart, two of the biggest retailers in South Africa, have announced new financial products, including working capital, aimed at small and medium businesses in the country.
Continued load shedding is setting South Africa up for a double blow in data releases for the current quarter, as both jobs and GDP data for the third quarter are looking worse for wear.
The South African Reserve Bank reported that both domestic consumer and producer price inflation increased further into the second quarter of 2022, with headline consumer price inflation reaching a 13-year high.
Recent data from the FIC's latest annual report showed that this is a considerable increase when compared to the year before, where only R3.3 billion was recovered from criminal activity.
The rate of consumers who defaulted on their loans for the first time increased in the second quarter of 2022, new data from Experian South Africa’s Consumer Default Index (CDI) shows.
In this Helping business flow episode, Hannes van den Berg discusses SARS’ attempts to improve its tax collection strategy and how effective this has been.
Medical health insurance group, Bonitas, has announced that it will freeze contribution prices for the first three months of 2023, deferring its price increases to April next year.
SARS, alongside other government agencies, including the South African Police Service, The Hawks and the Department of Environmental Affairs, conducted search and seizure operations on 11 different private and business properties operated by individual...