SA’s fiscal situation could be better than we think – Jammine
In the first five months of the 2018/19 fiscal year, government revenue has held up remarkably well, despite feeble growth.
In the first five months of the 2018/19 fiscal year, government revenue has held up remarkably well, despite feeble growth.
After surging from 34 to 45 in the first quarter, the RMB/BER Business Confidence Index deteriorated to 39 in the second quarter of 2018.
South Africa’s tax agency collected R1.216 trillion ($101.3 billion) in the year through March, slightly below target.
The African National Congress has dismissed the notion of bringing forward national elections that are scheduled to take place around the middle of next year, according to Ace Magashule, the party’s secretary-general.
The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) meets on 26 – 28 March 2018 to deliberate an interest rate stance.
Malusi Gigaba’s 2018 Budget, delivered on Wednesday, was a tough one for everyone who pays taxes in some form or another in South Africa.
The South African government’s rand debt has already made investors a total return of 13.9 percent in dollars in 2018, more than double the gain for Mexican peso bonds.
National Treasury and SARS recently published a discussion paper for public comment which sets out proposed options for an improved Diesel Fuel Refund Tax System.
There was precious little in the Budget to assist in growing the economy by way of a reduction in tax rates or incentives to excite local or foreign investors.
These five charts show why this budget is one of the most keenly watched since President Jacob Zuma took office in 2009.