383 Charge founder Joubert Roux Nearly a year after President Cyril Ramaphosa hinted at tax rebates or subsidies for electric car buyers, there has been little obvious movement. At Naamsa | The…
Category: Business
Sars fights on, as illicit trade ‘devastates’ SA’s fiscus
355 Criminals must know they are in the tax man’s sights. The South African economy loses billions of rands to tax evasion and illicit financial flows annually, but the South African Revenue…
Eskom vs solar users: Outa slams costly compliance rules
408 The Organisation Undoing Tax Abuse (Outa) has asked homeowners and businesses who have private solar installations to pause any plans to register their systems with energy regulator Nersa until Outa and…
CompCom greenlights Pepkor’s R1.9bn fashion brands acquisition
439But with some conditions. JSE-listed retail giant Pepkor has received the green light from the Competition Commission (CompCom) to acquire five retail store brands – Legit, Style, Boardmans, Swagga and Beaver Canoe…
South Africa will offer US revised trade deal
384 Trade minister Parks Tau. Leah Millis/Reuters South Africa will offer the US a revised trade deal in an effort to lower the 30% tariff imposed last week on its exports to…
Economists’ economic growth outlook steady but remains subdued due to global risks
385 The forecast of the top 40 economists in the country is not very good, but then also not that bad either. The country’s top 40 economists forecast that the economic growth…
Manufacturing output for June shows improved GDP in second quarter
399 It sounds like a bit of good news, but manufacturing output was still almost 2% lower this year than in the first half of last year. Manufacturing output for June shows…
Naspers unit gets EU nod for mega food delivery deal
415 A Just Eat delivery rider cycles through Manchester, UK. Phil Noble/Reuters Technology investor Prosus gained EU antitrust approval on Monday for its €4.1-billion (R84-billion) bid for Just Eat Takeaway, after agreeing…
Bank branch smart ID and passport services set for big expansion
482 Home affairs minister Leon Schreiber The department of home affairs plans to expand its partnership with South Africa’s banks for the processing of smart ID cards and passports. In a statement…
BLSA’s reform tracker will keep an eye on government reforms
450 It is hard for citizens and other stakeholders to keep up with all government’s reform programmes and monitor progress. Business Leadership South Africa (BLSA) is launching its Reform Tracker this week,…