Business

President Ramaphosa urges SA to buy local

Johannesburg - President Cyril Ramaphosa has encouraged the private sector to buy local goods in an effort to create jobs in the country. “We really...

SARS sets up new unit for wealthy taxpayers

Johannesburg - The South African Revenue Service has announced the formation of a High Wealth Individual (HWI) Taxpayer Segment, which will focus on wealthy...

BBBEE could regenerate industry

Johannesburg - The embattled construction industry is looking at leveraging the broad-based black economic empowerment (BBBEE) charter to reap the rewards. Master Builders Association executive...

Government moves to stabilise debt as budget deficit doubles

Johannesburg - Government’s fiscal strategy over the next three years will be to narrow the deficit and stabilise the debt-to-GDP ratio, the National Treasury...

Education to remain a priority in 2021

Johannesburg - While education continues to be a priority, Finance Minister Tito Mboweni has announced that government will in the next three years trim...

Budget2021: Failure to spend budgets to come under the spotlight

Johannesburg - From 2021, expenditure failure accountability is expected to take centre stage as the National Treasury is set to review provincial infrastructure sector...

Social grants to increase by below inflation

Johannesburg - Social grants will from April increase by below inflation rates of between 1.0 and 3.4 percent, Finance Minister Tito Mboweni has announced. Coupled...

Budget2021: Community development funding to reach R240.7 billion

Johannesburg - The country will in the next three years see community development funding reach R240.7 billion, Finance Minister Tito Mboweni has revealed. This function...

Budget2021: Over R200 billion allocated to criminal justice system

Johannesburg - Finance Tito Mboweni has announced that government will over the next three years allocate R213.4 billion to ensure the safety of the...

Treasury projects a R212.2 billion tax revenue shortfall

Johannesburg - The National Treasury announced on Wednesday that the gross tax revenue for 2020/21 is expected to be R213.2 billion lower than projections...

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