It could be the toughest Budget Speech of the last decade. A stagnant economy already has Tito Mboweni on the ropes – but what time do we kick off?
(Partner content) We would like to remind our readers that there is still time to use the annual exemption for Capital Gains Tax (CGT).
The Road Accident Fund Levy and General Fuel Levy are among those that could be in Tito Mboweni’s sights, experts say.
Our banking system is sound. Our foreign exchange-denominated debt is low and the flexible exchange rate is a shock absorber. So smile a little…
Most taxes won’t change. But beware of possible increases in VAT, capital gains tax and no fiscal drag relief for personal income tax.
The number dropped to 36% when Tito Mboweni delivered his mid-term speech in 2019. What will the numbers show for the 2020 Budget Speech?
Not a happy Budget eve for the finance minister as domestic and global fears hit SA markets and our currency.
The budget speech for 2020 will be cruel in attempting to be kind. But there are persistent rumours that a VAT increase will be implemented.
Vaping industry comprises smaller businesses that would be hard hit and could shed jobs, Vapour Products Association says.
The Institute of Risk Management’s annual risk report identifies three areas of the economy that require the finance minister’s full focus for the long term.
(Partner Content) Are you looking to begin your FX journey in South Africa? If so, its integral that you choose the right South African Forex broker.
Although no cases have been confirmed in South Africa, the coronavirus outbreak is still impacting both small and larger fishers.
Many believe the scrapping of exchange controls would benefit the economy at a time when it desperately needs investment. But the minister may not be listening.
More support for young entrepreneurs, an emphasis on growing technology skills and faster payment are all on the wish list.
This practice by e-hailing services sees consumers paying higher amounts during peak times and major events.
Tito Mboweni’s Twitter remarks may signal a coming crackdown by SARS on tax avoidance by ‘independent churches’.
The cynics say believing we can avoid an imminent credit rating downgrade is akin to believing in the Easter Bunny. But a tight Budget could just make it possible.
The possibility of boosting the fiscus by up to R35 billion may be too tempting for the finance minister to resist, even if raising VAT will be hugely unpopular.
(Partner content) Although we certainly wouldn’t lay claim to being able to predict the future, at Prudential we do think investors have a good reason to be cautiously optimistic about prospective returns from South African equities (excluding the property sector) and bonds over the next three to five years.
The president believes a state bank is required and has charged the finance minister with developing a strategy. But many think it’s unviable and unnecessary.
He is known to be a man who is impatient with fools and inaction. But can the finance minister fire up the ruling party to accept the tough choices that need to be made?
If Stats SA cannot produce accurate official statistics, rating agencies will punish South Africa.
This robbery at the Mall of Africa was beyond casual, but authorities still haven’t caught up with Bathobile Mlangeni after she made her escape.
Oh, the joys of load shedding… Power surges when Eskom switches the lights back on, can ruin many household appliances. Here’s how to claim from insurance.
South Africa’s new minimum wage has been gazetted and will take effect from 1 March 2020. Here’s what it means for the country’s workers.