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LATEST South Africa  

Major issues with Sars’s voluntary disclosure programme

21 Jan 2022 /  Amanda Visser
Uncertainties are sure to deter taxpayers from revealing details of non-compliance.
2

Massive fraud scandal hits Dimension Data

21 Jan 2022 /  Duncan McLeod
Following a forensic probe into the 2019 sale of its iconic head office.
9

Our tariffs are not high, says Eskom

21 Jan 2022 /  Moneyweb
Stakeholders reject 20.5% increase, citing corruption.
1

South Africa declares national disaster after rain, flood damage

20 Jan 2022 /  Prinesha Naidoo
Following torrential rains in several parts of the country.
2

Traffic infringement agency warns road users that Aarto provisions are still enforceable

20 Jan 2022 /  Roy Cokayne
Says act will only cease to be valid once Constitutional Court confirms high court judgment.
2

Treasury turns its attention to the vaping market

20 Jan 2022 /  Barbara Curson
Not an unexpected move.
1

R3bn invested in new NantSA vaccine manufacturing hub

20 Jan 2022 /  Palesa Mofokeng
Cape Town facility aims to advance vaccine manufacturing and build Africa’s pharmaceutical capacity.

South Africa’s fastest mobile operators and ISPs

20 Jan 2022 /  Duncan McLeod
MTN and Cell C top and tail the rankings with scores of 65.21 and 22 respectively – but it's not always just about speed.

South Africans set for tough year as costs rise, stimulus wanes

19 Jan 2022 /  Prinesha Naidoo, Bloomberg
Consumer prices rose 5.9% in December, taking the average inflation rate for 2021 to 4.5%, according to the statistics office.

Rate hikes unlikely to weigh on SA home buying in 2022

19 Jan 2022 /  Prinesha Naidoo, Bloomberg
While higher rates may have a 'cooling effect' on market transactions and price growth, the current wave of buying is largely being driven by wealthier buyers who are less sensitive to interest rates, Siphamandla Mkhwanazi, said in a note.

Billionaire Soon-Shiong launches 1bn-dose vaccine plant in Cape Town

19 Jan 2022 /  Janice Kew and Antony Sguazzin, Bloomberg
By 2025, which would make it the biggest such factory in Africa and could help the least vaccinated continent tackle the pandemic.
UPDATE
1

R65m mansion up for grabs in Houghton

19 Jan 2022 /  Palesa Mofokeng
Boasts a luxurious private night club, wellness spa, library, gymnasium as well as conference facilities.

SA inflation nears top of central bank target range

19 Jan 2022 /  Prinesha Naidoo, Bloomberg
Highlighting the difficult choice between taming price growth and supporting a sluggish economy policy makers will face when deciding on interest rates next week. 

Eskom to burn more coal as SA state power programme lags

19 Jan 2022 /  Paul Burkhardt, Bloomberg
Eskom expects to generate 2% more energy from coal for the financial year 2023.

Motorists worry broken driving licence card machine could affect their insurance cover

19 Jan 2022 /  Roy Cokayne
Insurers expected to not reject claims solely because a driver’s licence has expired – SA Insurance Association.
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