With Consumer Price Inflation (CPI) figures at 6.5% and wage negotiations taking place in many sectors, both employers and trade unions are facing negotiation headaches in the coming months, says labour law expert, Jonathan Goldberg at Global Business ...
After showing initial strength earlier this year, the rand has lost all its gains and then some, and is currently weighing in at its weakest level in over two years, says Ryan Booysen, managing director of DG Capital Forex Solutions.
The upcoming months for the rand are expected to be tough as load shedding takes its toll on international investment into South Africa.
The rand started the week under pressure, edging closer to the R17 to the dollar mark after closing last week at its weakest point in 21 months.
The rand’s 9% plunge in the past month may be just the beginning for the South African currency, whose resilience is being tested by fears of a US recession even as local fundamentals remain supportive.
The 2022 tax filing season is here and the South African Revenue Service (SARS) has introduced a new auto-assessment protocol.
The introduction of the Health Promotion Levy (HPL) has been largely successful in generating additional revenue for South Africa's government, with Treasury now planning to extend and expand the tax from 2023.
Credit ratings agency Fitch has pencilled in the introduction of a permanent basic income grant for South Africa from next year.
Load shedding is causing immeasurable damage to farmers, and their ability to get fresh produce to retailers on time, says AgriSA.
If you've failed to declare income to SARS in the past, experts recommend you come clean to the revenue service - before its auditors come to you.
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