Two glass bottles illustrating the two-pot retirement system. 1 minute The South African Revenue Services (SARS) has reported that the two-pot retirement system has contributed nearly R12 billion in tax revenue collections since its implementation last year. It further notes that personal income tax was the biggest revenue contributor, with collections amounting to R733 billion….
South African R100 notes. 2 minutes Democratic Alliance (DA) spokesperson Karabo Khakhau says constructive conversations between the DA and the ANC are underway, but there is no deal to pass the controversial budget with the Value-Added Tax hike as yet. This follows a disagreement last Friday between the two parties on the proposed VAT increase…
[FILE IMAGE] People queued to vote during the Local Government Elections. 1 minute Residents of Ward 82 and Ward 99 in Johannesburg will head to the polls for a municipal by-election on Wednesday. Ward 82, covering areas such as Westbury and Newclare, became vacant after the passing of the local councilor. Meanwhile, Ward 99, which…
Old Karooplaas shopping centre in Orania. 2 minutes The Economic Freedom Fighters (EFF) in the Northern Cape has launched a scathing attack on the predominantly Afrikaans town of Orania, questioning its very existence. The party has taken issue with the autonomous state, saying its existence weakens unity in the country. Orania Movement leader Jooste Strydom…
[File Image] Men march against gender-based-violence (GBV) in Cape Town, South Africa. 2 minutes A number of protests are expected to take place around the country today, to demand justice for a seven-year-old who was raped allegedly at the Bergview College in Eastern Cape. The matter drew the ire of civil society organizations, calling for…
[FILE] Activists holds a placard during a march. 2 minutes Lobby group AfriForum says it is not possible for the principal of Bergview College to have been involved in the rape of seven-year-old Cwecwe that allegedly took place on school premises in October last year. This as the matter drew widespread condemnation over how it…
North West Investment Transport 1 minute The North West MEC for Transport Management, Wessels Morweng has welcomed the ruling by the High Court in Pretoria on the removal of the Business Rescue Practitioner (BRP). The judgment was handed down electronically on the 27th of this month, enforcing the initial ruling that removed the BRP from…
[File photo] A worker counts money 2 minutes Senior Research Fellow at the Centre for African Diplomacy and Leadership at the University of Johannesburg, Dr Oscar van Heerden, says the budget cannot be delayed as its approval remains uncertain. The African National Congress-led government’s budget vote hangs in the balance after several political parties rejected…
File image: A man is silhouetted beneath a screen displaying Japan’s Nikkei share average in Tokyo. 2 minutes It has been a rocky start to the week in Asia as a rush from risk left stocks down across the board, while bonds extended their rally and gold rose to another record. Sentiment was fragile enough…
Handcuffs and fingerprints. 2 minutes Eleven accused have appeared in the Bloemfontein Magistrate’s Court for alleged robberies that took place in the Bloemfontein CBD last week. Two of the accused were represented by their legal representative in absentia as the court heard they were hospitalised following their arrests. The accused are facing charges of robbery…
