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Browsing: Finance
South Africa’s Budget Debate Sparks Political Divisions
South Africa’s Government of National Unity (GNU) is grappling with intense disagreements over the national budget, with political parties clashing over…
The Real Cost of a 2% VAT Increase on South African Households
The proposed 2% increase in VAT is currently on hold, pending a parliamentary session on 12 March. However, data suggests…
South Africans Brace for Potential Tax Hikes in 2025 Budget
Potential tax hikes could bring financial strain to South Africans this week as Finance Minister Enoch Godongwana prepares to present…
The Department of Employment and Labour has officially announced the new National Minimum Wage (NMW) for 2025, increasing the hourly…
SARS Targets Crypto Traders with Heavy Penalties
The South African Revenue Service (SARS) has officially launched a dedicated cryptocurrency unit, set to aggressively tackle crypto trading and…
Anticipated Price hikes in South Africa for 2025
South African households should prepare for several price hikes in 2025, affecting essential services and daily expenses. Below is an…
Getting the Most from the New Two-Pot Retirement System
The South African Revenue Service (SARS) recently introduced significant changes to retirement savings with the new Two-Pot Retirement System, which…
SA’s Two-Pot Retirement Shake-Up: Are You Ready?
Starting from September 1, 2024, South Africa will introduce a new retirement savings system, known as the two-pot system. This…
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Disturbing Testimonies Unfold in Dirkler Murder Trial
Trial Continues with Emotional Witness Accounts On the second day of the Dirkler murder trial,…
Treasury Halts VAT Increase with Official VAT Freeze
In a move welcomed by many South Africans, the National Treasury has confirmed a VAT…
Home Affairs Unveils Major Identity Verification Upgrade
Faster, More Reliable Identity Verification The Department of Home Affairs (DHA) is celebrating a major…
Kleuterzone: At Least R130 Million Allegedly at Stake
Introduction to Kleuterzone’s Financial Trouble The liquidation process of the controversial Kleuterzone group has begun,…