The National Treasury has published the final amendments to regulation 28 of the Pension Funds Act, laying out the new limits and conditions for pension funds to invest certain assets.
While many businesses and households have found ways to cope with the lower stages of load shedding, beyond stage 2, the negative impact on the economy amplifies with each additional stage, say economists at the Bureau for Economic Research (BER).
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.
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.
South African consumers are set to face a series of price hikes in July, including electricity and fuel price increases.
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.
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.
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.
South African investors should look at maximising their offshore exposure at all times, in a diversified portfolio of equities, says Magda Wierzycka.
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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