Budget | Grant recipients big losers, construction firms winners
Finance Minister Enoch Godongwana’s failed bid to increase the value-added tax (VAT) by two percentage points to 17% from 15% will hit social grant recipients... Read more.
Godongwana must give SA a tax holiday – economist
Economists are pleading with finance minister Enoch Godongwana not to raise the value-added tax (VAT) when he finally delivers the 2025 Budget Speech on Wednesday. ... Read more.
‘Bosses must pay for mine fatalities’
Mineral and petroleum resources minister Gwede Mantashe has poured cold water on suggestions that mining bosses should be held accountable for deaths taking place... Read more.
Markets welcome Budget delay
The improved value of the rand was one of the clearest indicators that the markets have given the unprecedented postponement of the budget speech the thumbs up. ... Read more.
Transnet needs R100bn injection
Finance Minister Enoch Godongwana will need to pump close to R100-billion into Transnet’s balance sheet to make the state-owned entity commercially viable and... Read more.
Black managers disappointed by Ramaphosa’s Sona
The Black Management Forum (BMF) expressed disappointment over President Cyril Ramaphosa’s 2025 state of the nation address (Sona), describing it as uninspiring.... Read more.
Economists urge Ramaphosa to use Sona meaningfully
President Cyril Ramaphosa’s first State of the Nation address (Sona) as the president of government of national unity (GNU) will be delivered at a time when the... Read more.
New expropriation law ‘falls short on resolving the land question’
The National African Farmers Union (Nafu) believes that the new Expropriation Bill, which President Cyril Ramaphosa signed into law on Thursday, will not benefit... Read more.
‘Amsa did little to help grow local black business’
A black business chamber and a community activist in Newcastle have accused embattled steel manufacturer ArcelorMittal SA (Amsa) of failing to empower emerging businesses... Read more.
Reserve Bank lost chance to sweeten 2024
The year 2024 has been an economic mixed bag. While there has been a significant decline in the prices of goods and services, largely due to the strengthening of... Read more.