Showing posts with category "finance"

Tax hikes to look out for next week – including a higher fuel levy: Nedbank

Nedbank has published its preview ahead of finance minister Enoch Godongwana’s inaugural budget speech on 23 February.

February 17, 2022
tags
finance

How many people are on grants in South Africa vs taxpayers

South Africa’s extension of a monthly grant for the jobless means there’ll continue to be twice as many welfare beneficiaries as registered taxpayers, highlighting the challenge the government face...

February 16, 2022
tags
finance

Inflation eases in January – but fuel prices remain staggeringly high

The headline consumer price index (CPI) declined by 0.2 percentage points to 5.7% in January 2022, down from 5.9% in December.

February 16, 2022
tags
finance

New pension changes coming for South Africa before the end of February

The National Treasury will introduce new pension fund regulations for South Africa before the end of February, says deputy finance minister David Masondo.

February 16, 2022
tags
finance

The rich must pay for the NHI: unions

The Congress of South African Trade Unions (Cosatu) has given its support to the proposed National Health Insurance (NHI), but warned that it should not come at a further cost for the country’s wor...

February 15, 2022
tags
finance

The rand is no longer following the rules: analysts

There is a reason South Africa’s currency is called ‘the rattler’.

February 14, 2022
tags
finance

How much money you would have made by putting R100 in these investments

While 2021 was a year of financial recovery, just how good was it, asks Yuvern Dokie, senior technical investment specialist at Alexander Forbes Investments.

February 11, 2022
tags
finance

Unions protest for R1,500 basic income grant in South Africa

Members of the South African Federation of Trade Unions (SAFTU) picketed along Keizersgracht Street near the City Hall in Cape Town’s city centre ahead of President Cyril Ramaphosa’s State of the N...

February 11, 2022
tags
finance

1% VAT hike likely after grant extension: economists

President Cyril Ramaphosa’s decision to extend the R350 social relief of distress grant and introduce a long-term basic income grant could imply a VAT hike for South Africa next year, says Jeff Sch...

February 11, 2022
tags
finance

This could be the death of private healthcare in South Africa, warns government body

The National Planning Commission (NPC) has recommended that the medical scheme industry should be allowed to continue operating indefinitely, despite the planned introduction of the new National He...

February 10, 2022
tags
finance

VAT hike the most likely option for South Africa: analyst

South Africa’s social distress relief grant of R350 is set to expire in March, and calls are mounting for a permanent basic income grant to be introduced.

February 10, 2022
tags
finance

The tax hikes that could fund a new basic income grant in South Africa

While president Cyril Ramaphosa has been a strong proponent for a basic income grant in South Africa, the government also needs to be rational about the fact that the additional expenses will neces...

February 9, 2022
tags
finance