268‘Even when the blockades are lifted, it will take months at the very least for fuel production to return to its previous output.’ A looming jet fuel supply crunch in Southern Africa…
Category: Business
Taxpayer status shift could trigger penalties
363 And filing periods are creeping forward, requiring earlier action. The classification of a taxpayer as ordinary or provisional must be determined each year. A person may be an ordinary taxpayer one…
Businesses adjacent to state dams may become ‘illegal’
346 Widespread concern about proposed new ‘draconian’ regulations. Businesses situated at the water’s edge of South Africa’s more than 320 state dams will be considered “illegal” if recently proposed regulations in terms…
From Polo to Tiguan: How Volkswagen covers every budget in South Africa
338 Volkswagen is one of those brands that just feels familiar in South Africa. You see it everywhere – on school runs, on road trips and in city traffic. This is no…
Icasa caught in the political crossfire over Starlink
309 Communications minister Solly Malatsi’s declaration on Friday that his patience with sector regulator Icasa has run out is a small bureaucratic event that masks a much larger political one. The written…
Capitec plans to enter the international market
350 Capitec is the youngest and the only bank in the country’s Big Five that does not operate retail branches abroad. South Africa’s largest bank by customer base, Capitec, plans to enter…
Dis-Chem to retrench over 500 employees and add 200 jobs
276 Employees in retail stores and distribution centres will not be affected by retrenchments. Dis-Chem, South Africa’s second-largest retail pharmacy chain, says it has invited more than 500 employees to consult in…
Cybersecurity in the AI age: speed and trust define resilience
287 Cybersecurity is more than just a technological issue today. It has fast become a strategic challenge driven by geopolitical dynamics, the ubiquitous use of AI and a complex digital environment. Against…
Court backs bank on Vat deductions for cash-back scheme
383 Sars’s argument based on ‘conflated interpretation’ of the act. Businesses that offer loyalty, cash-back or fee-reduction programmes should take note of a recent Tax Court judgment regarding value-added tax (Vat) input…
Malatsi runs out of patience with Icasa on BEE reform
317 Communications minister Solly Malatsi Communications minister Solly Malatsi has run out of patience with Icasa over why the communications minister hasn’t allegedly yet responded in detail to his policy direction requiring…