The 2022 national budget provides concrete evidence that South Africa is at the top of the Laffer curve, says Tertius Troost, manager of tax consulting at Mazars.
There is cautious optimism that South Africa’s fiscal picture is improving after finance minister Enoch Godongwana delivered his maiden budget speech on Wednesday.
The National Treasury plans to further target wealthy taxpayers in the coming year as part of a broader disclosure of wealth programme.
The rand fell in early morning trade as continued uncertainty around the Russia/Ukraine crisis led to a global sell-off.
While 2021 was a year of financial recovery, just how good was it, asks Yuvern Dokie, senior technical investment specialist at Alexander Forbes Investments.
President Cyril Ramaphosa's decision to extend the R350 social relief of distress grant and introduce a long-term basic income grant could imply a VAT hike for South Africa next year, says Jeff Schultz, senior economist at BNP Paribas South Africa.
While president Cyril Ramaphosa has been a strong proponent for a basic income grant in South Africa, the government also needs to be rational about the fact that the additional expenses will necessitate raising taxes and budget cuts, says Michael…
Employment and Labour minister Thulas Nxesi has published the new minimum wage for domestic workers in South Africa, with a significant increase introduced compared to prior years.
Employment and Labour minister Thulas Nxesi has published the new minimum wage for domestic workers in South Africa, with a significant increase introduced compared to prior years.
The proposed National Health Insurance scheme (NHI) will create significant risk as it limits medical schemes to offering cover only for services not reimbursable by the NHI Fund, says medical scheme Discovery.
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