admin

SA mulls tax rebates, subsidies to boost local EV industry

Cars are seen on display at a showroom of a Nissan dealership in Melrose, South Africa, 16 July 2024. Reuters/Siphiwe Sibeko/File Photo Global automakers like Ford, Volkswagen, BMW and Toyota manufacture models in South Africa for both the local and European markets. Britain and the European Union jointly consume 46% of the vehicles the country…

Read More

2025 Medical scheme contribution hikes: What’s driving the surge and what does this mean for you?

Source: 123RF. Among the top five open medical schemes, Bestmed and Medihelp have reported the highest average increase of 12.75% and 10.8% respectively. Following closely are Bonitas with 10.2%, Momentum with 9.4%, and Discovery with 9.3%. What are the components of the contribution increases? The contribution increases need to allow for CPI, plus an additional…

Read More

Zifa adopt new constitution

Eight members did not vote at the Zifa Annual General Meeting that was held in Harare on Friday morning. The Zifa Assembly has adopted a new constitution after 48 members gave their nod while only two were against adopting the draft that was on the table. Eight members did not vote at the Zifa Annual…

Read More

No stitches for snitches: Role of leniency in dismantling cartels

Image source: Denis Ismagilov – 123RF.com Instead, the word cartel actually derives from the Italian cartello, meaning “leaf of paper”. As time evolved, the “leaf of paper” in question became one of a written agreement between parties, regulating certain conduct. Accordingly, it is from this utilisation that the modern interpretation of the word was born….

Read More

Visa and littlefish launch digital revolution for African small businesses

Source: Supplied. This partnership will support micro, small, and medium-sized businesses (MSMEs) across Africa by streamlining their in-store and online digital experiences through advanced business solutions and value-added services. Despite the global rise of digital payments, research suggests that the majority of day-to-day transactions in Africa still occur in cash, highlighting a critical need for…

Read More

Permira takes Squarespace private in $7bn deal

Squarespace was gaining market share after the recent WordPress drama This acquisition is now one of the largest all-cash private equity deals in the tech sector and the biggest signal yet of a growing trend of private equity firms investing in established technology companies with robust growth potential. For Squarespace, this allows them to focus…

Read More