Traditionally, medical aid schemes implement fee increases from 1 January every year. However, the last two years have seen new trends emerge because of the Covid-19 pandemic, says Lee Callakoppen, principal officer of Bonitas Medical Fund.
Global factors are set to weigh heavily on the local economy in the coming months.
The South African Institue of Chartered Accountants (SAICA) says South Africa should revisit the possibility of lowering its tax-to-GDP and introducing a tax ceiling.
South Africa will never have enough money to do the things it needs to do, says SARS commissioner Edward Kieswetter.
Alexander Forbes chief executive Dawie de Villiers talks about the group's goals and aspirations for the year.
The fiscal cliff is the point where civil service remuneration, social assistance payments and debt-service costs will absorb all government revenue.
Finance minister Enoch Godongwana says the government has not updated the cost model of the proposed National Health Insurance (NHI) scheme since the 2019/2020 financial year.
South African consumers and businesses face a flurry of price increases in the coming weeks as a combination of global factors and local changes take effect.
The largest risk to the recovery in South Africa's public finances is a deterioration in GDP growth, say National Treasury officials.
The South African Revenue Service (SARS) established a High Wealth Individuals Unit in 2021 to improve compliance of individuals with wealth and complex financial arrangements, says Louis Botha, senior associate at legal firm Cliffe Dekker Hofmeyr.
© 2022, Instive. All rights reserved
