Merc money was from a legitimate loan, says Makwakwa's business partner

2018-06-03 12:32

A director of a factory equipment supplier has explained how the bulk of R600 000 – which she borrowed from a friend to pursue an alleged tender scam – ended up in former top tax official Jonas Makwakwa's account.

CEOs more upbeat but feel SA needs new model of economic growth - expert

2018-05-07 16:33

Economic reform, improved productivity and good governance are critically important, says the chief executive of the SA Institute of Professional Accountants.

Port of Durban likely to emerge as one of Africa’s major hubs – PwC

2018-04-13 06:58

Ports in Durban, Abidjan and Mombasa are most likely to emerge as the major hubs in sub-Saharan Africa, according to a new report published by PricewaterhouseCoopers.

Are 19 VAT-free items enough to save the poor when VAT hike hits?

2018-03-25 15:47

Although 19 food items are free from value-added tax, the upcoming increase raises the issue of the potential impact, especially on the poor, says a tax expert.

5 scenarios for SA under Ramaphosa - report

2018-03-12 22:00

A report by PwC economists considers five possible scenarios for South Africa's economic growth and the performance of the rand up to 2022.

SA's economic crime highest in the world - PwC

2018-02-28 07:43

A PwC survey has revealed that South African organisations continue to report the highest instances of economic crime in the world.

Watchdog starts probe into Deloitte's Steinhoff audits

2018-02-26 13:43

The Independent Regulatory Board for Auditors says it has already flagged several 'lines of further investigation' as it probes Deloitte SA's audits of embattled retailer Steinhoff.

Adjust or hike? Gigaba's VAT options to plug Treasury's revenue hole

2018-02-07 16:10

Ahead of the budget, PwC outlines how the finance minister could raise or tweak VAT to generate additional revenue.

South African CEOs’ bleak outlook

2018-01-28 06:00

Of 41 South African CEOs surveyed by PwC, only 22% are “very confident” of their company’s growth in the next 12 months, according to a PwC survey report released this week.

Petrol, diesel-powered cars to die off by 2030?

2018-01-18 09:12

The automotive market will face radical change in 2030, according to research by PwC. As a result of novel sharing concepts, the stock of cars could fall from 280 to 200-million in Europe and 270 to 212 million in the United States.


Dept of Water and Sanitation: We had nothing to do with Makwakwa's Merc money

2018-05-29 17:27

The Department of Water and Sanitation has denied any involvement in transactions relating to former SARS chief executive for business and individual tax, Jonas Makwakwa.

CSA turns to new external auditors

2018-05-03 10:10

Cricket South Africa (CSA) has appointed assurance, advisory and tax services firm PWC to head its external audits following the removal of Nkonki.

Steinhoff cuts estimated value of major European property portfolio

2018-04-04 06:45

The global retailer has said that the true value of a real estate portfolio owned by one of its European subsidiaries may be up to R16bn less than previously calculated.

Rate decision hinges on Ramaphosa Presidency, tax hikes, inflation - PwC

2018-03-21 07:30

Economic analysis by PricewaterhouseCoopers indicates five factors that will determine which way the rate decision could go.

Solid results from SA's 'big 4' banks, but digital rivalry heats up - PwC

2018-03-09 11:11

SA's 'Big 4' banks need to strike a balance between managing costs and investing in the digital race as competition heats up.

Terrorism increasingly seen as business threat - CEO report

2018-02-27 19:27

CEOs around the world regard terrorism as the second biggest threat to their businesses, according to a report by PwC.

Wiese suffers billions in losses as he cuts stake in Steinhoff

2018-02-12 11:45

The SA billionaire and former Steinhoff chair has cut his stake in Steinhoff International Holdings to 6.2%.

Steinhoff goes to Parliament: 5 key takeaways

2018-02-01 18:41

The top leadership of the embattled retailer, including its former chair Christo Wiese, answered questions about Markus Jooste, financial irregularities and its sharp share price decline.

SA CEOs lose more sleep over economic woes than global peers - survey

2018-01-24 18:53

Only 22% of CEOs in South Africa are “very confident” of their own company’s growth in the next 12 months, according to PwC’s 21st CEO survey.

Facebook moves to declare tax revenues locally

2017-12-14 20:39

Facebook has said that from mid-2018 it will start declaring advertising revenues in the country they are made, and not via its Irish HQ.

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