A lengthier recession awaits if we don't take drastic measures to save the economy in a Covid-19 world, writes Mbhazima Shilowa.
High level clouds. Warm.
From March 2020, “expat tax” could be in full force and many South Africans abroad are uncertain about what this will mean for their forex flow. Here are five things you need to know.
While the fastest-growing area of spending is debt servicing costs, spend on community development, learning culture, social development and health are still above inflation.
From Eskom receiving billions in financial support to how sin tax will affect you, here are Fin24's top stories from Budget 2019.
Finance Minister Tito Mboweni has hinted that SA will need to adapt to the Fourth Industrial Revolution and that this will inform some of the decisions taken in the Budget.
The consensus among economists is that South Africa will hold onto its investment grade status for the time being. Derivatives traders are not so sure.
Lack of investment in infrastructure that supports the agriculture sector could see it take the same route as Eskom, senior agricultural economist Paul Makube has warned.
Here is what we know so far about what the Eskom unbundling means.
Budgets are, inevitably, political, not only because they decide how the people’s money is spent but because they are products of political choices, says Steven Friedman.
While it is noble to ask companies to comply with BEE, government should focus on getting jobs created in the first place, suggested Nedbank economist Busisiwe Radebe at a post-Budget briefing.
Here's a breakdown of the SA's budget deficit, inflation and debt statistics for 2019.
More people are filing VAT refund claims, which reflects that people believe they will get their refunds back.
There is still uncertainty about the financial support Eskom requires, as it hinges on the power utility's tariffs, members of Parliament heard.
Finance Minister Tito Mboweni announced no increases in income tax rates and the VAT rate will remain unchanged, but this does not mean taxpayers will go unscathed.
In his Budget speech, Minister of Finance Tito Mboweni spoke directly to rating agencies to address some of their most important concerns, says David French, director of tax consulting at Mazars.
Budget 2019 seems to show an acceptance that taxation levels have reached a ceiling, says Melanie Milleskie, tax expert at Deloitte Africa.
Energy Minister Jeff Radebe has slammed rumours that there is anything untoward within the bidding process of Independent Power Producer procurement.
A "gambling levy", to mitigate the negative effects of excessive gambling, was again proposed in Finance Minister Tito Mboweni's 2019 Budget speech.
There are two key tasks that must follow on Budget 2019, according to political commentator Justice Malala.
Energy Minister Jeff Radebe will on Sunday hold a briefing on Independent Power Producers, which have been thrust into the spotlight following news of Eskom's unbundling.
Here's a breakdown of South Africa's revenue and expenditure for 2019.
Cape TownTumaini ConsultingR540 000.00 - R800 000.00 Per Year
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
Cape TownProfessional Career ServicesR10 000.00 - R12 000.00 Per Month
R 2 650 000
R 6 950 000
R 2 950 000
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