Tax revenue could miss mini-budget forecast by more than R10bn

Corporate and personal income tax collections have slowed since October, and Eskom is a major concern.

Tax revenue for the current fiscal year could fall short of the medium-term budget policy statement (MTBPS) forecast by at least R10 billion after corporate and personal income tax collection slowed in the last few months of 2018.

Tax revenue could miss mini-budget forecast by more than R10bn
Tax revenue could miss mini-budget forecast by more than R10bn

Tax revenue could miss mini-budget forecast by more than R10bn

Corporate and personal income tax collections have slowed since October, and Eskom is a major concern.

Johann Rupert’s 5 steps to business success

Johann Rupert’s 5 steps to business success

Candid insights from one of the wealthiest men in Africa.
What to expect from the markets in 2019

What to expect from the markets in 2019

Views from local and international experts.
Ramaphoria not helping economy

Ramaphoria not helping economy

The positive change in South Africa’s mood following President Cyril Ramaphosa replacing Jacob Zuma has not yet influenced our economy.
Why ‘mashonisas’ remain such popular informal lenders

Why ‘mashonisas’ remain such popular informal lenders

A recent report sought to find out why low-income consumers opt to borrow from illegal lenders, rather than accessing formal credit lines.
Zwane’s Mining Charter just another pro-Zuma gambit

Zwane’s Mining Charter just another pro-Zuma gambit

This populism on steroids cares little for the actual health of the industry or the country.
Outdated political ideology is the sick man of this country

Outdated political ideology is the sick man of this country

Essential reading for the ANC as it prepares for its policy conference later this month.
Quarterly labour force figures paint a grim picture

Quarterly labour force figures paint a grim picture

The reality and facts are awful, and we must face them.
There is no financial tsunami on the horizon

There is no financial tsunami on the horizon

President Jacob Zuma’s actions have caused the country and economy great harm and their ramifications will probably continue for many years to come.
A blueprint for financial survival

A blueprint for financial survival

A financial tsunami heading our way… what to do?
SA needs to do more to plug its deficit than target the rich

SA needs to do more to plug its deficit than target the rich

In his 2017/18 budget speech, Pravin Gordhan opted to focus on taxing high income earners to find desperately needed money.
The odd meaning of ‘radical economic transformation’ in SA

The odd meaning of ‘radical economic transformation’ in SA

In his state of the nation address, Zuma spoke emphatically of ‘radical economic transformation’, causing nationwide debate. What does it mean?
Irony-free Cyril willing to invest further billions in ‘predictable’ SA

Irony-free Cyril willing to invest further billions in ‘predictable’ SA

In a column penned by the deputy president, Ramaphosa says SA is governed in a ‘stable and predictable way’. Really now?
Zama-zamas here to stay, top mining lawyer says

Zama-zamas here to stay, top mining lawyer says

Widespread poverty will continue feeding the desperation that keeps zama-zamas going underground, top lawyer says.
Black South Africans earn the least – survey

Black South Africans earn the least – survey

Black workers earn on average R4 723 a month, coloureds R6 294, Indians R12 265 and whites R17 123.
State to close provident fund tax loophole

State to close provident fund tax loophole

Provident fund members have best of both worlds – saving for retirement in a tax shelter then being able to take 100% of savings as a cash lump sum on retirement.
Time running out for SA economy

Time running out for SA economy

Credit rating agencies, the IMF and SA citizens want economic growth to be boosted – and quickly, but how realistic are our prospects?
Business blood bath not far away

Business blood bath not far away

Average businesses are facing significant headwinds… and are losing the battle.
Foreigners snapping up SA stocks

Foreigners snapping up SA stocks

Foreigners have been net buyers of SA equities for 36 consecutive days.
Local government poll: how lekker is Gauteng?

Local government poll: how lekker is Gauteng?

More than 30 000 voters have their say on what matters to them
Zimbabwe says: No salary? Sorry about that

Zimbabwe says: No salary? Sorry about that

There is no sign that Zim’s government have a plan on the way forward; in fact quite the opposite.
Cape Town, Joburg among cheapest cities in the world

Cape Town, Joburg among cheapest cities in the world

Mobility firm ranks most and least expensive cities to which to deploy expats.
VIDEO: How Brexit may affect SA

VIDEO: How Brexit may affect SA

If you’re wondering what the UK’s exit from the European Union might mean for you here in South Africa, this short video, courtesy of CCTV, may help to put it in perspective for you.
How investors see SA: lots of potential, not worth the hassle

How investors see SA: lots of potential, not worth the hassle

Overall South Africa is viewed as a difficult place to do business and investors are still rattled by Zuma’s sacking of respected Nene.

 

 

 

 

 

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