Sars ‘2IC’ Jonas Makwakwa suspended – ‘alleged R1.2m in underhand deposits’
Sars official Jonas Makwakwa has been suspended as investigations continue regarding financial transactions into his personal bank account.
Ministry of Finance
Cathy Buckle: Zim pensioners bear brunt of ‘cash crisis’. But there’s hope.
Yet again Zimbabwean Cathy Buckle is shocked by her government’s failings. But this time she says at least there’s hope.
Ministry alert: Fake van Rooyen twitter accounts.
The Ministry of Finance says a Twitter account which goes by the handles @douglavanrooyen or @daviddvanrooyen is neither his nor that of his office.
Japan is running out of options in fight against deflation
The Bank of Japan’s unprecedented stimulus and Abe’s pro-growth reforms have yet to spur a recovery in inflation and gross domestic product growth, and the country is yet again in recession.
Zambia withholds $600 mln in copper VAT refunds:
LUSAKA (Reuters) – Zambia is withholding $600 million in VAT refunds owed to copper mining companies and will repay the cash only when they produce import certificates from destination countries, mining minister Christopher Yaluma said on Tuesday. “That money is owed and we will have to pay as long as they fulfil the requirement. It … Read more
Daddy’s home – government steps in to regulate lending in face of high indebtedness
Rising levels of household indebtedness are a major worry in South Africa, a worry that has been escalating with almost every piece of new data released. In particular, many worry that low-income workers are being subject to abusive lending practices – lenders using garnishing orders inappropriately, lending too much, ignoring the impact that loans will … Read more