In the year 2000, the population was roughly 45 million, this figure has since increased to around 60 million in 2022, but the tax base has not grown proportionally - this is a problem for tax in South Africa.
Second quarter 2022 Gross Domestic Product (GDP) data published by Statistics South Africa showed a decline of 0.7% quarter-on-quarter, was quickly followed by yet another load shedding announcement from power utility, Eskom.
Tax experts flag South Africa's shrinking tax base; Home Affairs u-turns on new skill visa process; the political mess in Joburg's council is a precursor to politics in South Africa post-2024; and Zuma resorts to intimidation against journalists and pr...
Developed economies are taking a hit from the dollar’s appreciation to multi-decade highs in ways that were once more familiar to their emerging market peers.
Oil fell to the lowest since January on concern a global slowdown will cut demand in Europe and the US, just as China’s Covid Zero strategy hurts consumption in the world’s biggest crude importer.
The Department of Energy announced a decrease in the overall petrol and diesel prices for September, bringing much-needed relief to motorists.
South Africa’s economy shrunk below the size of what it was prior to the Covid-19 pandemic struck in the second quarter, hit by damaging floods and severe power outages.
As part of the its annual recruitment drive - the City of Cape Town aims to strengthen the defenses against vegetation fires during peak fire season.
New vehicle sales data from vehicle financing company Wesbank shows that the average value of new cars financed in August was R377,252, down from R378,749 over the same month a year ago.
Power utlity Eskom has announced that stage 2 load shedding will be implemented on Tuesday, and will run all week.
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