US Treasury's Bessent to skip G20 meeting in South Africa
By Andrea Shalal, Christian Kraemer, David Lawder MIAMI/BERLIN (Reuters) -U.S. Treasury Secretary Scott Bessent said on ...
South Africa Treasury to widen budget deficit forecasts on February 19: Reuters poll
South Africa's National Treasury budget deficit forecasts will be wider than in its October estimates for the next three ...
South Africa’s fight over VAT raises a key question: who should bear the burden of taxes?
The important question in a democratic setting is who gets to pay taxes and how they connect to the well-being of its ...
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise ...
Zawya8h
Finding the money to change South Africa’s trajectory
South Africa’s upcoming national budget will be closely scrutinised, with analysts focusing on, amongst others, the debt-to-GDP ratio, government spending and the risks that could lead to further ...
Mail & Guardian1d
Tax Bracket Over-inflation: How the treasury is forfeiting R198bn a year
However, a critical examination of our tax system reveals a policy decision that has significantly contributed to this purported fiscal constraint — the over-inflation of personal income tax (PIT) ...
South African firm chooses Bitcoin reserve strategy as inflation hedge
South African investment firm Altvest Capital is the latest firm to make its first Bitcoin investment and announce an ...
Opinion
businesstech.co.za1dOpinion
South African interest rate expectations from top economists
The December 2024 inflation data showed a rate of 3.0%, which was at the bottom end of the South African Reserve Bank’s (SARB’s) target range of 3% to 6% and well below the midpoint target of 4.5%.
Foreign ministers talk war in Ukraine and other conflicts on last day of G20 meeting in South Africa
Foreign ministers and senior diplomats from leading rich and developing countries focused on global conflicts, mainly on the Russia-Ukraine war, on Friday, the last day of their ...
Daily Maverick4d
Reserve Bank’s lowering of the inflation target could damage South Africa’s prospects for growth
In an economy that still grapples with the aftermath of State Capture and the pandemic, we cannot afford to experiment with policies that could exacerbate our challenges. The SA Reserve Bank’s ...
Diverging views to tackle tax shortfall create friction in South Africa’s fiscal policy
Kelly Wright, a partner at global advisory firm Bowmans, said there was an issue with the legislation and the administrative ...
The South African on MSN3d
Stats SA shuffles inflation basket: Here’s what’s IN – and what’s OUT
Stats SA has shaken up the basket of goods and services used to measure consumer inflation. Here's what's been added - and ...