Isasa urges govt to halt proposed VAT amendments for schools

FILE | Empty classroom. The Independent Schools Association of Southern Africa (Isasa) has urged the government not to continue with the proposed tax law amendments in their current form. This comes as Finance Minister Enoch Godongwana prepares to deliver his Mid-Term Budget Policy Statement (MTBPS) on Wednesday. The National Treasury is proposing Value-Added Tax (VAT)…

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SA’S unemployment rate falls to 31.9%

FILE| A woman looking at her bills. The latest data released by Statistics South Africa (StatsSA) shows that country’s official unemployment rate eased by 1.3% from 33.2% recorded in the second quarter to 31.9% in the third quarter of 2025. The Quarterly Labour Force Survey shows that there was a 248 000  increase in the…

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Economists expect Godongwana to announce new inflation target

Minister Enoch Godongwana delivering the budget speech in 2024. There is speculation that Finance Minister Enoch Godongwana may formally announce a new inflation target at the upcoming Medium-Term Budget Policy Statement. Recently, ratings Agency Fitch said it expected the National Treasury to reveal the new inflation target, which the Reserve Bank would then have to…

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France halts Shein suspension after sex dolls, weapons withdrawn

A Shein logo is seen as customers shop in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l’Hotel de Ville, in Paris, France The French Finance Ministry on Friday halted the suspension proceedings of Chinese online retailer Shein initiated two days ago after the…

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