Finance Minister Enoch Godongwana has agreed to a court order suspending his decision to increase the VAT rate by 0.5 percentage points. The Minister of Finance...
Court still to decide on constitutional validity of altering tax rates by ‘announcement’. The next crucial chapter in the value-added tax (Vat) case before the Western...
It’s ‘easy’ to make money – when you have money. Compound interest really is the eighth wonder of the world! As they say, the rich get...
But vows to keep debt at sustainable levels. Power utility Eskom is ready to resume its borrowing programme once the current government debt relief programme of...
The latest available data shows that more good news lies ahead for South Africa’s motorists next month. Vehicle owners in Mzansi saw a sizeable decrease in...
In a landmark ruling just days before a scheduled tax hike, the Western Cape High Court has officially suspended South Africa’s planned VAT increase, bringing relief...
Although he already withdrew the VAT increase this week, the minister still did not concede that he was wrong about the increase. Enoch Godongwana, minister of...
The Prudential Authority has already fined other South African banks, such as Sasfin, Standard Bank and Capitec, for non-compliance with FICA. The Prudential Authority of the...
The South African Revenue Service (SARS) has confirmed that it will implement Finance Minister Enoch Godongwana’s decision to reverse the planned 0.5% increase in Value-Added Tax...
The growth in higher-income clients is a ‘highlight’ in the lender’s results, an analyst says. JSE-listed Capitec is shaking off its image as a lender for...