Piketty won’t help SA conserve its existing wealth and generate more
Both the OECD and Thomas Piketty recommend that South Africa double down on wealth redistribution to allay its economic woes.
Both the OECD and Thomas Piketty recommend that South Africa double down on wealth redistribution to allay its economic woes.
Full taxis, no social distancing, sloppy mask-wearing: perhaps it’s time to heed the call of the UK’s prime minister to be ‘jolly cautious’.
There’s no hardship for South African civil servants, who enjoy high remuneration by world standards. However, entrepreneurs are in deep financial trouble.
SA’s economy is in tatters, partly because of Covid-19, but largely because it has been mismanaged for more than a decade, as the OECD report highlights.
Calls for governments to clamp down on companies who use tax havens to pay lower taxes on their profits have been growing louder.
Mauritius and the Seychelles are among countries flagged as operating high-risk schemes which sell either residency or citizenship in a new report released by the OECD.
In line with tightening global tax transparency, the OECD’s Common Reporting Standard (CRS) is fully in play in South Africa.
ISS head Anton du Plessis penned this strongly worded attack on corruption from Kigali, the Rwandan capital currently hosting the WEF’s annual African regional meeting.
South Africa’s government should increase taxes on wealthier individuals to help boost revenue needed for the nation’s growing demands, the Organization for Economic Co-operation and Development recommended.
BRICS economic policies hamper competitiveness: They eliminated artificial benefits from 75 different export incentives and financial subsidies since 2008.