Despite what it may look like, the quality of life for most people who are able to emigrate deteriorates significantly, writes Melanie Verwoerd.
US President Donald Trump on Monday said there had been a "tremendous imbalance" of trade between the US and Japan – while he's still in the middle of a trade war with China.
As the temperature in Cape Town soared to 36 degrees Celsius, Finance Minister Tito Mboweni may be feeling heat of a different kind.
While escalating trade tension between the United States and China is bound to negatively impact emerging markets, there are also 'significant' long-term opportunities once the political tide turns, says Old Mutua's Siboniso Nxumalo.
The revenue service has been attempting to make sure taxpayers file their returns on time with the slogan "pay your taxes or pay the price".
Although SA recorded a surprisingly huge trade balance surplus of R12.04bn in December 2016, the year-to-date deficit for the whole of 2016 was R2.92bn, says Sars.
SA’s current account deficit has widened more than economists estimated, reaching 5.1% of GDP in the fourth quarter as exports declined despite a weaker rand.
Britain has had the highest August budget deficit for three years as the tax take from individuals and companies dropped.
The deficit on South Africa's trade account has widened sharply in October compared to September, shows data from the SA Revenue Service.
If economic growth remains weak, the government will struggle to achieve its target of cutting the budget deficit, warns Finance Minister Nhlanhla Nene.
The deficit of crisis-battered Greece has risen less than expected last year, new data shows.
Foreign ownership of South African government debt is declining, but that’s not necessarily a bad thing.
It is possible that US President Donald Trump would use a weak dollar rather than tariffs to push American competitiveness – which is easier than a trade war.
The gap between government expenditure and income during the first eight months of the tax year widened to a record R195bn as tax collections lagged and government kept on spending.
SA seems to have reached a crossroad, with the choices being economic growth additional revenue, according to Tertius Troost, tax consultant at Mazars.
South Africa's Pension Funds Adjudicator has received almost 10 000 new complaints, indicating a lack of service excellence, says Muvhango Lukhaimane.
Tax hikes may provide short-term relief, but the jury is still out on whether or not the finance minister can turn the tide for SA's economy.
While spending in South Africa has expanded, the deficit on the country's current account has narrowed in the third quarter.
SA's current account and fiscal deficits as well as poor economic growth pose a risk to monetary and fiscal policy, says Reserve Bank Deputy Governor Daniel Mminele.
Australians will have to work until they are 70 years old before they can receive a pension, treasurer Joe Hockey says.
South Africa has recorded an unexpected trade surplus in February after a large shortfall in January, data from Sars show.
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