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. What Africa needs to do to attract foreign direct investment The...
South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
Pretoria – Business has welcomed the Medium-Term Budget Policy Statement (MTBPS) delivered by Finance Minister Pravin Gordhan. Medium-Term Budget Policy Statement “The South African Chamber of Commerce and industry (SACCI) welcomes the announcement of the MTBPS...
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). SA’s investment bill is consistent with the...
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. This will come into effect from 1 March 2015, the start of the new tax year. The incentive, said...
