New vehicle sales in SA could show steady uptick - Naamsa

36 minutes ago

The National Association of Automobile Manufacturers expects new vehicle sales to show steady improvement over the medium term.

Ramaphosa fiercely defends SARB's independence

2018-05-25 11:43

President Cyril Ramphosa has given the strongest indication to date that he wants the independence of the country’s reserve bank protected, and he is ready to defend it.

SOE board changes a blow to state capture – BLSA's Bonang Mohale

2018-05-24 21:23

Business and civil society have welcomed changes to the boards of state-owned entities announced by Public Enterprises Minister Pravin Gordhan.

SARB should be independent even if it is nationalised - Ramaphosa

2018-05-24 20:01

President Cyril Ramaphosa says he is committed to the independence of the South African Reserve Bank, even as the government considers nationalising it.

Take-home pay beats inflation, with help from the taxman

2018-05-24 12:03

South Africans' take-home pay has increased above inflation, while privately banked pensions increased by 5%, according to the BankservAfrica Take-Home Pay Index.

Eskom chief culprit in cost expansions and deviations

2018-05-24 08:00

Eskom is the chief culprit among state entities and departments when it comes to deviating from procurement guidelines and expanding the scope of its contracted work, Parliament has heard.

SA in bottom ten for global competitiveness

2018-05-24 06:35

South Africa ranks 53rd out of 63 countries on the 2018 IMD World Competitiveness Rankings.

Ramaphosa names retired Judge Robert Nugent to head SARS inquiry

2018-05-23 15:04

President Cyril Ramaphosa has announced that retired Supreme Court of Appeal Judge Robert Nugent will chair a commission of inquiry into the country's tax administration.

Treasury's Momoniat slams SARS for not providing info in Makwakwa probe

2018-05-23 12:13

A report by PWC indicates that the tax agency did not provide adequate information to investigators during a probe of former official Jonas Makwakwa, a top Treasury official has told Parliament.

Woolworths Australian boss John Dixon shown the door

2018-05-22 10:38

The retailer says the axing of the regional Australian CEO position is part of a move to simplify its regional leadership structure.

 

Joburg's budget cuts capital spending amidst cost saving by Treasury

2018-05-25 13:37

The country’s economic hub is under financial pressure with National Treasury cutting municipal grants as part of the February budget’s plan to reduce the fiscal deficit.

Property experts weigh in on latest interest rate decision

2018-05-24 22:15

Although growth prospects for the South African housing market are improving, a "steady hand" is needed from the Reserve Bank regarding the repo rate, says Dr Andrew Golding.

Bad guys sometimes sit in Sandton offices – expert

2018-05-24 20:48

"Bad guys" don't always lurk on the corner with a gun – sometimes they're professionals in Sandton offices, says Michael Meadon, a governance and risk management expert at Thomson Reuters South Africa.

SA interest rates unchanged

2018-05-24 15:18

The monetary policy committee of the South African Reserve Bank has decided to keep the repo rate unchanged.

INFOGRAPHIC: Twelve products costing you over 6% more than a year ago

2018-05-24 11:16

Statistics South Africa has released the April Consumer Price Inflation index, showing that costs increased 4.5% year-on-year. Here's what you’re paying more – and less – for.

SARS to reestablish teams to probe illicit tobacco trade

2018-05-24 07:52

The tax agency is in the process of reestablishing dedicated investigative teams to probe the illicit tobacco trade, SARS acting head Mark Kingon has told Parliament.

Higher inflation to see SARB keep interest rate steady - analysts

2018-05-23 19:38

The higher inflation print for April makes a stronger case for the monetary policy committee to keep the repo rate on hold, according to analysts.

Treasury gives glimpse into what to expect in SARS inquiry

2018-05-23 12:47

The parameters of a commission of inquiry into tax agency SARS, mentioned by President Cyril Ramaphosa during his State of the Nation Address, are expected to be announced later in the week.

Five pretty strong positives, but Ramaphosa failing his biggest challenge

2018-05-22 11:28

President Ramaphosa will not be able to claim real success now or in the future if he cannot move his own party to a very different message, writes Daniel Silke.

Toyota, BMW, Ford battle over SA support plan

2018-05-22 10:00

South Africa is proposing automakers including Toyota, Ford and BMW more than double production – in return for tax breaks so generous that the companies can ship the cars to Europe.

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