Sars says it is aware of the problem, but will not consider waiving interest on late submissions, since the problem is not theirs, but between eFilers and Sage.
The super-premium segment showed growth of 37% in volume.
Casa’s intention is not to compete with existing associations and bodies but to complement them.
Group sees online sales rise 17% for the quarter.
South African consumers seem to have held on tight to their wallets on Black Friday last year, after a few difficult months that saw many people lose their jobs or receive a reduced salary.
Monetary policy has eased financial conditions and improved the resilience of households and businesses to the economic implications of Covid-19, says the SA Reserve Bank governor.

Business News Valentine’s a ‘day of mourning’ for SA restaurants as new regulations gazetted

Alberts has expressed concern that the new regulations involved more money being spent by the sector, in the middle of the State of Disaster. 

Business News WATCH: Bolt and Uber drivers struggle under lockdown

In his address to the nation earlier this month, President Cyril Ramaphosa extended level 3 lockdown until the country passes the peak of new infections.

Business News Investors owed over R1bn after two forex trading companies go bankrupt

The forensic investigators are now attempting to unscramble the Praesidium/Imagina omelette to see if any funds remain to be returned to investors.

Business News Small businesses must be wary of cyber scams, warns department 

‘Their modus operandi includes identity theft and pretending, through fake emails, to be representatives of government departments and agencies.’

Business News Western Cape businesses hard-hit by lockdown regulations

For the last 10 months, businesses barely survived the lockdown and the constant regulations.

Business News SA’s 2020 inflation lowest in 16 years

‘2021 should be the fifth year that average headline CPI is below the 6% upper band of the SARB’s 3%-6% target range, confirming that inflation is well under control in South Africa.’

Business News SAA unions want salaries to be paid within seven days

The two unions have suggested that the outstanding balance of five months’ pay be delayed to later in 2021 or that the money owed to employees be turned into equity.

Business News Continued booze ban could shatter SA’s glass industry, says Consol

‘We fully expect that retail sales for home consumption would be the first step towards unbanning of alcohol consumption,’ said Consol CEO Mike Arnold.

Business News ‘Sell SAA and let the private sector in’: How to pay for Covid-19 vaccines

A small percentage of consumers carry the tax burden in the country and chances are that taxing them even more to pay for vaccines will be the straw that breaks the camel’s back and cause a tax revolt.

Business News Alcohol ban plunges wine and barley farmers in crisis

According to a statement released by Grain SA, brewing company ABInBev has already lowered its barley mandate from 458 000t in 2020 to 388 000t of barley in 2021.

‘Difficult year ahead for SA’

Business News ‘Difficult year ahead for SA’

However, weakness of dollar to rand could boost contribution of exports to GDP.

MTN must pay dealer R11.4m in damages

Business News MTN must pay dealer R11.4m in damages

In December 2011, Belet sued for damages in the High Court in Johannesburg on the basis that MTN had breached or repudiated the dealer agreement.

Tax increase ‘not an option’ for Covid-19 vaccine funding

Business News Tax increase ‘not an option’ for Covid-19 vaccine funding

Selling ailing SOEs is one way of raising much-needed funds, says leading economist.

Business News Hospitality sector heads to court over extension of Bargaining Council Collective Agreement

The beleaguered hospitality sector is heading to court over the extension of the Bargaining Council Collective Agreement for Fast Food, Restaurant, Catering and Allied Trades without consultation.

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