Income tax relief announced amid SARS’ bumper revenue collection
Finance minister Enoch Godongwana has proposed an income tax relief after the taxman’s revenue collection outperformed previous estimates by over R21-billion.... Read more.
BBC talked to Ramaphosa about ‘Zondo commission regulations’ before Sona
The Black Business Council (BBC) says it directly complained to President Cyril Ramaphosa before he announced that the Public Procurement Act regulations would be... Read more.
Ailing ArcelorMittal seeks urgent help as losses deepen
The financial losses suffered by ArcelorMittal SA (Amsa) are proof that the government needs to move fast to intervene and help turn the fortunes of sub-Saharan... Read more.
Macozoma praises maligned BEE after R11bn Exxaro deal
Veteran businessman Saki Macozoma has heaped praise on black economic empowerment (BEE), saying a transaction that will see his company being paid over R11-billion... Read more.
Fuming MTN mulls Iran exit
Africa’s biggest mobile operator, MTN, is exploring an exit from Iran after the dramatic ousting of Irancell’s chief executive officer, a decision taken by the... Read more.
Don’t tax us more: Beer and wine associations plead with Treasury
National Treasury is hatching a plan to increase the rate at which beer and wine are taxed – a move that could see the price of these popular alcoholic beverages... Read more.
Rio Tinto, Glencore merger faces hurdles over coal assets
Diversified mining giant Rio Tinto’s bid to take over Glencore to create the largest mining company in the world, with a market cap of $200-billion (R3.29-billion),... Read more.
How Godongwana struggled to get budget approved in parliament
Finance minister Enoch Godongwana got a shock of his life when he was forced to postpone the 2025 Budget Speech, not once but twice. The postponements, a first in... Read more.
MerSeta CEO found guilty of causing entity to incur over R1.2bn in irregular expenditure
An internal disciplinary hearing has found Gregory Wayne Adams, the chief executive of a government-owned sector education and training authority (Seta), guilty... Read more.
‘AI will replace men taking parental leave’
A prominent economist has slammed the Constitutional Court judgment that allows men four months of parental leave after their spouse has given birth. Mandla Maleka... Read more.
