G20 Business Forum emphasises prioritising global south

B20South Africa 2 minutes The Global Business Forum for G20, the B20, has emphasised the importance of dealing with the priorities of the global south, especially in light of the current geopolitical tensions. From tomorrow, the G20 Finance Ministers are set to discuss issues related to financial inclusion, coordinating global economic policy and infrastructure financing,…

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SA addresses 20 out of 22 actions in FATF greylisting

Financial Action Task Force flag. 1 minute South Africa is making progress towards exiting the Financial Action Task Force (FATF) greylist. According to the FATF, the country has addressed 20 of the 22 action items relating to combating money laundering and terrorist financing. This leaves two items outstanding to be addressed in the next reporting…

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Minister Schreiber to welcome first TTOS tour group to SA

[File photo] Passengers wait to check in at SAA counters at Cape Town International Airport in Cape Town 1 minute Home Affairs Minister Dr Leon Schreiber will officially welcome the first group of tourists under the newly launched Trusted Tour Operator Scheme (TTOS) in Cape Town on Saturday. This digital initiative is designed to streamline…

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Eskom escalates load shedding to Stage 6

A candle burns in a house on the Cape Flats, due to South Africa’s struggling power utility company Eskom, implementing regular power cuts – called ‘load-shedding’, in Cape Town, South Africa February 11, 2023. 1 minute South Africans have woken up to darkness after Eskom implemented Stage 6 load shedding in the early hours of…

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Proposed VAT increase a disaster for the poor: Contralesa

Representational image of tax. 2 minutes The Congress of Traditional Leaders of South Africa (Contralesa) says the proposed Value-Added tax (VAT) increase will be disastrous for the poor in the country. Contralesa President Kgoshi Mathupa Mokoena commended political parties in the Government of National Unity (GNU) who opposed the proposal. The tabling of the budget…

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