President Cyril Ramaphosa says for African countries to be on the rise and attract investment, they need to address governance issues, root out corruption and improve the ease of doing business. [Read more…]
SA Growth outlook revised downwards
October 24, 2018 By Leave a Comment
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. [Read more…]
Medium-Term Budget Policy Statement delivered
October 27, 2016 By Leave a Comment
Pretoria – Business has welcomed the Medium-Term Budget Policy Statement (MTBPS) delivered by Finance Minister Pravin Gordhan. [Read more…]
Investment bill is consistent
January 25, 2016 By Leave a Comment
Investment Bill – South Africa’s Protection of Investment Act of 2015 provides protection to foreign investors in a manner that is consistent with the Constitution, says the Department of Trade and Industry (dti). [Read more…]
Regulations for tax free savings
February 20, 2015 By Leave a Comment
The final notice and regulations that allow for the introduction of Tax Free Savings and Investment Accounts (TFSAs) have been approved by Finance Minister Nhlanhla Nene. [Read more…]
National Treasury publishes proposals
November 28, 2014 By Leave a Comment
National Treasury on Friday published a multi-billion rand request for proposals (RFP) for the provision of an enterprise resource system (ERP). [Read more…]
AFB launch Business Cash Advance product
August 5, 2014 By Leave a Comment
Consumer and business finance company afb has launched an innovative Business Cash Advance product for Small and Medium Enterprises (SMEs) in Kenya. [Read more…]
SA to diversify reserves
November 6, 2013 By Leave a Comment
South Africa’s Reserve Bank is set to invest in currencies such as the Korean Won, Australian Dollar and the New Zealand Dollar. [Read more…]
Transnet credit rating upgraded
October 31, 2013 By Leave a Comment
Transnet’s credit rating has been upgraded to ‘BBB’, with the upgrade affirming the state utility’s ability to raise funds without a government guarantee. [Read more…]
SARS collects R814bn in taxes
April 2, 2013 By Leave a Comment
Pretoria – In what Finance Minister Pravin Gordhan today described as a “remarkable achievement”, the South African Revenue Service (SARS) exceeded its target when it collected more than R814 billion in taxes for the 2012/13 fiscal year. [Read more…]
