Business 21.2.2018 02:40 pm

Bigger than inflation increases for social grants

Pensioners will see their grants increase from R1,600 to R1,690 by April 1 and by another R10 by October 1.

Social grant beneficiaries are expected to see slightly higher increases in the amount of money they receive from government to offset an increase in value-added tax, Finance Minister Malusi Gigaba said on Wednesday.

Bigger than inflation increases for social grants
Bigger than inflation increases for social grants

Bigger than inflation increases for social grants

Pensioners will see their grants increase from R1,600 to R1,690 by April 1 and by another R10 by October 1.

SA’ s annual consumer inflation slows to 4.4 percent in January – Stats SA
Business News

SA’ s annual consumer inflation slows to 4.4 percent in January – Stats SA

The consumer price index increased by 0.3 percent month-on-month in January.
Experts give their budget expectations
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Experts give their budget expectations

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Key areas to look out for in the 2018 budget
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Key areas to look out for in the 2018 budget

Tax sources that could be targeted, and possible problems in implementation, as explained by personal tax expert Rob Cooper from Sage.
SA’s ratings fortunes in the hands of policymakers – S&P
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SA’s ratings fortunes in the hands of policymakers – S&P

Optimism about political change but economic challenges persist.
AngloGold Ashanti says full year production rises 4 percent
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AngloGold Ashanti says full year production rises 4 percent

The company said it had also delivered a strong exploration result, with most of the year’s production replaced given success across a broad front.
The self-driving car of investments
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The self-driving car of investments

Would you let a machine manage your unit trust?
3 retirement myths busted
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3 retirement myths busted

Risk and investment planning ‘inextricably linked’.
Can SA be a developmental state under Ramaphosa?
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Can SA be a developmental state under Ramaphosa?

It may be a long shot for now. The new president must implement reform measures to growth the economy and root out corruption.
Localisation will create a more inclusive economy – ANC MP
Business

Localisation will create a more inclusive economy – ANC MP

The private sector will be encouraged to procure locally produced goods to grow a labour-absorbing and inclusive economy.
Sars welcomes tax administration inquiry
Business

Sars welcomes tax administration inquiry

Sars said that the inquiry would assist in clarifying a number of misconstrued issues, including dispelling the perception and continued negative media narrative that has the potential to dent the legitimacy of the organisation.
When Zimbabwe was the freest economy in the world
Africa

When Zimbabwe was the freest economy in the world

It was just a few years ago, when the MDC managed the country’s purse strings.
Clicks employees to share R1.3bn through BEE scheme
Business News

Clicks employees to share R1.3bn through BEE scheme

Clicks said the second and final payment would be made in 2019, adding to R34 million in dividends given to employees over the past six years.
Amplats says has delivered on restructuring portfolio, repositioning business
Business News

Amplats says has delivered on restructuring portfolio, repositioning business

Amplats said it had repositioned its portfolio with 70 percent of production in the first half of the cost curve after completing the disposal of Amandelbult mineral resources.
Mining host communities due in court to challenge Mining Charter
Business

Mining host communities due in court to challenge Mining Charter

The Chamber of Mines said on Sunday it had agreed, after talks with Cyril Ramaphosa’s office, to postpone its court application against the department of mineral resources over the charter, which was due to be head from February 19-21.
Winds of positive change blowing over markets
Business News

Winds of positive change blowing over markets

Anthea Gardner of Cartesian Capital shares her outlook for the markets.
Sassa set to give CPS more powers in grant distributions
Business News

Sassa set to give CPS more powers in grant distributions

CPS also wants to be paid a ‘reasonable’ fee if its contract with Sassa is extended for another six months.
What analysts are saying about SONA 2018
Business

What analysts are saying about SONA 2018

Made South Africans feel good about the future, but light on clear economic growth proposals.
Ramaphosa carries weight of economic expectations on shoulders
Business

Ramaphosa carries weight of economic expectations on shoulders

The rand was trading at 11.61/dollar on Friday, close to highs last seen in 2015.
EDP for women in tourism doubles intake
Business

EDP for women in tourism doubles intake

The Executive Development Programme (EDP) began in 2016 with only 20 women.
Sacking of Gigaba the first step to repair a broken SA
Business

Sacking of Gigaba the first step to repair a broken SA

Ramaphosa will need to use his political skill to effect change.
Eskom executive Koko submits resignation letter – reports
Business

Eskom executive Koko submits resignation letter – reports

Eskom officials were not immediately reachable to confirm the reports.
Altech appointed to establish open access broadband across Limpopo
Business

Altech appointed to establish open access broadband across Limpopo

The R585m project will see connectivity provided to government entities, businesses and households across the province.
Ramaphosa represents the Mandela legacy
Business

Ramaphosa represents the Mandela legacy

‘I would not be surprised to see within the next six months that you actually get an upgrade in South Africa.’


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