Tax revenue grows

Cape Town – Tax revenue grew by R68.5 billion in the last financial year – to total R742.6 billion – R3.9 billion more than forecast by the Minister of Finance Pravin Gordhan when he presented his 2012 Budget in February, the South African Revenue...

GDP grows by 1.4 percent

Pretoria – South Africa’s Gross Domestic Product (GDP) came in lower than expected, increasing by 1.4% in the third quarter of 2011. “The seasonally adjusted real GDP at market prices for the third quarter of 2011 increased by an annualised rate of 1.4% compared...