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ANC faces threat to majority amid high election turnout

South Africans participated in a highly contested election, with the ANC potentially losing its parliamentary majority. ....

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Plastics industry disappointed with 2024 Budget speech, calls for urgent economic stimulus

Plastics industry disappointed with 2024 Budget speech, calls for urgent economic stimulus
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Judge For Yourself | Budget 2024 | 22 Feb 2024

Judge For Yourself | Budget 2024 | 22 Feb 2024
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Global minimum corporate tax to bring in R8bn in 2026/27

To bolster its corporate tax base, a global minimum corporate tax will be implemented in South Africa, with multinational corporations subject to an effective tax rate of at least 15%, regardless of where the company’s profits are located To bolster its corporate tax base, a global minimum corp. ....

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Lukewarm response to Godongwana's balancing act that cues spending reform

Budget big ticket items include the Reserve Bank’s forex contingency reserve’s R150bn to deal with debt and no direct tax increases for consumers. ....

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