327 Key drivers for steel include renewed public investment, an infrastructure-led recovery and rising private-sector activity in renewable energy and manufacturing. South Africa’s steel sector stands at an inflection point. After years…
Category: Business
Tax season: Here is why you need to prioritise filing for returns
367 If taxpayers do not claim what they are entitled to, they are leaving money behind. When most people think of tax season, they often get a headache because they believe filing…
Estimated assessments: Sars’s new ‘cash-cow-grabbing’ norm?
326 Provision in the Tax Administration Act may be subject to abuse. The South African Revenue Service (Sars) has the power to raise estimated assessments when the information supplied by a taxpayer…
Must-listen finance podcasts that will change how you think about money
386 PICTURE: PEXELS In today’s economy, managing your money sensibly is more crucial than ever. However, a lot of people are intimidated by complicated financial terms or are unsure of where to…
Prosus moves to unlock Just Eat takeover with Delivery Hero selldown
348 Naspers and Prosus CEO Fabricio Bloisi Prosus has offered to sell down its holding in Delivery Hero to help pave the way for regulatory approvals for its acquisition of Just Eat…
SharePoint zero-day impact ripples around the world
397 A sweeping cyber espionage operation targeting Microsoft server software compromised about 100 organisations as of the weekend, two of the organisations that helped uncover the campaign said on Monday. Microsoft on…
Can SMEs survive Trump tariffs? Here is what small businesses can expect from July
322 There is still hope that the government trade negotiation teams will be able to strike a deal before the 30% tariffs come into effect. It is about to be a bumpy…
Economists expect small increase in inflation to 3%
366 The inflation rate for June will be announced on Wednesday, while the repo rate will be announced on 31 July. While the inflation rate was 2.8% in May and April, most…
EFTs may go in Reserve Bank payments overhaul
455 Reserve Bank govenor Lesetja Kganyago The South African Reserve Bank has released a position paper outlining how it intends carrying out its national payments ecosystem modernisation programme. According to Reserve Bank…
S&P Global exposes Transnet’s operational crisis as it fails to meet targets
364 The rating agency’s assessment is that Transnet is “entirely dependent on state support” and faces “sizable negative free operating cash flow”. S&P Global’s downgrading exposes Transnet’s operational crisis as reform efforts…