Hourglass and South African money, coins. Data released by Statistics SA (Stats SA) shows that investment in the country remains depressed while negatively affecting economic growth. The latest gross domestic product (GDP) number indicates that the country’s economy grew by 0.8 percent in the second quarter following an increase of 0.1 percent in the first…
Equipment used to manufacture alcohol recovered. The police have arrested seven foreign nationals for running a facility that is manufacturing illegal alcohol at Klapmuts in the Cape Winelands District. Police spokesperson Wesley Twigg says five men and two women were arrested. He says officers followed up on information when they discovered the facility. “The members visited…
Taxis at a rank The South African National Taxi Council (SANTACO) is calling on operators who haven’t applied for the Taxi Relief Fund (TRF) to do so promptly. The South African National Taxi Council (SANTACO) defends government’s decision to allocate R408 million from the COVID-19 Relief Fund to the taxi industry. pic.twitter.com/eZzqbRW7Q5 — SABC News…
Person holding South African money. South Africa could see economic growth lift in the second quarter despite declining business confidence and ongoing strain in key sectors like mining. Stats SA is set to publish the latest GDP data for the year on Tuesday, with economists predicting an expansion of between 0.4% to 0.5%. This will…
Bank notes and coins. Data released by Statistics South Africa shows that the country’s economy grew by 0.8% in the second quarter from 0.1 % in the first quarter of 2025. The jump in gross domestic product was supported by production growth in the manufacturing, mining and trade sectors. Demand was also positive in the…
[File image] The Cape Town headquarters of the South African Revenue Service (SARS) is seen in this picture. The South African Revenue Services (SARS) has urged social media influencers to declare all their income for tax compliance. It says it’s investigating undeclared income earned through online content. SARS Spokesperson Siphithi Sibeko says influencers will be…
Representational image of tax. A survey of nearly 500 taxpayers surveyed by the National Treasury released on 3 September shows that many individual taxpayers did not claim the solar panel tax because they were not aware of it. Last week, the National Treasury published the results of their Renewable Tax Incentives Survey Report which collected…
File image of Transnet train. Transnet has reported a R1.9 billion in profit loss for the financial year ending March 2025. This is 74% lower than what it reported last year when it posted a loss of R7.3 billion. The logistics giant says the recovery plan is taking hold and yielding much improvement for the company….
Minister in the Presidency Khumbudzo Ntshavheni Minister in the Presidency Khumbudzo Ntshavheni says Cabinet has welcomed the G20 experts task force that was established by President Cyril Ramaphosa to combat extreme wealth inequality. Ntshavheni briefs members of the media on Friday on the outcomes of the Cabinet meeting that was held on Wednesday. Ntshavheni adds…
Communities in the north of KwaZulu-Natal are up in arms about unregulated fishing in marine protected areas off the South African coast. Residents of Kosi Bay, who live inside and on the fringes of the iSimangaliso Wetland Park – a UNESCO World Heritage Site – claim that law enforcement officials relentlessly target them. However, these…
