Showing posts with category "finance"

Ramaphosa has approved new tax laws for South Africa – 5 key changes to know

President Cyril Ramaphosa has approved several tax changes for South Africa.

January 21, 2022
tags
finance

3 things that will hit South Africa’s middle class in the coming months

Rising living costs, primarily due to higher transportation and utility prices, will be a major consideration for the middle-market in 2022.

January 21, 2022
tags
finance

What to expect from the rand in the coming months

South Africans are likely to hear a wide range of forecasts about the rand this year, from R14/dollar to as high as R17/dollar.

January 20, 2022
tags
finance

The cost of living in South Africa is going up – what you should know

Overall, the cost of living in South Africa is going up and the South African Reserve Bank (SARB) will be required to respond by raising rates, say analysts at financial services firm Alexander Forbes.

January 20, 2022
tags
finance

Big petrol price hike to hit South Africa in February: economist

South African consumers face little reprieve in the coming months as both fuel and food prices look to creep higher, says Investec chief economist Annabel Bishop.

January 20, 2022
tags
finance

6 things that are more expensive in South Africa at the start of 2022

Statistics South Africa has published its latest consumer price index, showing that annual headline inflation jumped to 5.9% in December 2021, up from 5.5% in November 2021.

January 19, 2022
tags
finance

South Africa’s oldest insurance company on new pension changes

On 14 December 2021, the National Treasury released two papers on proposed further retirement reforms for public comment which detail how it plans to transform the retirement savings industry and improve savings outcomes for all South African workers.

January 19, 2022
tags
finance

SARS is on tech and data science hiring drive

The South African Revenue Service (SARS) has launched a new recruitment drive, targeting highly skilled workers to help build a data-driven ‘smart tax authority’.

January 17, 2022
tags
finance

Petrol price hike and other increases set to hit South Africa

After reprieve at the petrol pumps in January, South African motorists could see another hefty hike in February on the back of increasing international oil prices, according to economists from the Bureau for Economic Research (BER).

January 17, 2022
tags
finance

The job sectors with the highest average salaries in South Africa

Employment data from Statistics South Africa reveals which workers in the country’s formal, non-agricultural sectors earn the highest average salaries.

January 16, 2022
tags
finance

A rise in January divorces in South Africa – and the rule you should be aware of

The end of the festive season typically sees an expected rise in the onset of divorce actions.

January 14, 2022
tags
finance

Factors that will impact the rand at the start of 2022

The rand ended 2021 on the back foot, after the Omicron announcement and subsequent global kneejerk reaction of isolation and red-listing the country. While the currency did claw back much of the losses to end the year, it was not before the damage had been done in the forex markets.

January 10, 2022
tags
finance