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No pain, no gain for SA economy

No pain, no gain for SA economy

02/09/2019 - 16:22
Despite SA’s fiscal crisis — and the fact that the country has very little to show for the loose fiscal policy run over the past decade — there is a lobby (mainly on the Left) that thinks the best way to resolve SA’s growth and fiscal challenges is to inject further fiscal stimulus into the economy. read more
Food security low on the national agenda

Food security low on the national agenda

26/02/2019 - 14:27
According to the latest available research, 54% of South African households still experience hunger or the risk of hunger. This means that the people living in more than half of South African households do not have enough to eat or are not sure where their next meal is coming from. read more
 VAT: Adding more fuel to the fire for consumers

VAT: Adding more fuel to the fire for consumers

01/03/2017 - 08:44
As part of the 2017 Budget, Government has put forward a proposal for scrapping the zero-rating on fuel to expand the VAT base in 2018/2019. What does this mean for consumers? read more
SA youth find saving difficult, but doable

SA youth find saving difficult, but doable

21/06/2016 - 13:51
YOUNG working adults are finding it difficult to save as prices soar for daily necessities such as electricity‚ data‚ groceries and petrol, but some are managing to stretch their budgets that far. read more
Budget had to protect growth, says Treasury

Budget had to protect growth, says Treasury

04/03/2016 - 09:10
The Treasury has defended the 2016-17 budget against criticism that its fiscal consolidation measures do not go far enough, saying that delicate trade-offs are required. read more
Sugar tax confirmed for South Africa in 2017

Sugar tax confirmed for South Africa in 2017

25/02/2016 - 11:09
South Africans with a sweet tooth will be punished with a higher tax on sweet stuff. In his budget speech on Wednesday (24 Feb), Finance Minister Pravin Gordhan announced that a sugar tax will be levied with effect from 1 April 2017. read more
Budget 2016: Stark reminder consumers must do more with less

Budget 2016: Stark reminder consumers must do more with less

25/02/2016 - 10:54
Cape Town – Despite announcing personal income tax relief of R5.5bn for lower- and middle-income earners, the National Budget speech was a stark reminder that consumers need to get used to doing more with less, according to Ester Ochse, channel head at FNB Financial Advisory. read more
Tax hike for South African “sinners”

Tax hike for South African “sinners”

25/02/2016 - 10:32
Smokers and drinkers will again be heavily taxed for their (in the eyes of the Government) bad habits. read more
SONA 2016: Optimists see growth spurt, pessimists see junk

SONA 2016: Optimists see growth spurt, pessimists see junk

12/02/2016 - 09:34
Cape Town – President Jacob Zuma’s State of the Nation Address on Thursday (11 Feb) was seen as an important moment for him to change some key policies and strategies to reverse the plummeting growth rate and economic collapse. read more
SA needs 10% growth for job creation, warns bank

SA needs 10% growth for job creation, warns bank

08/11/2011 - 08:16
According to the Development Bank of Southern Africa, the country’s gross domestic product needs to grow by 10% per year to create 5-million jobs by 2020 read more
Budget gets green light

Budget gets green light

24/06/2011 - 08:13
Cape Town - The National Assembly on Thursday approved the 2011/12 budget tabled by Finance Minister Pravin Gordhan on February 23 this year. read more