Unemployment rate goes up

Zimbabwe National Statistical Agency ZIMBABWE’S national unemployment rate has slightly moved by 1,3% to 890 161 compared to 850 326 recorded in the first quarter as the country’s economic downturn shows no signs of abating, latest Zimbabwe National Statistical Agency (ZimStat) figures reveal. Zimbabwe is facing yet another economic crisis as seen in company closures,…

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SARS urges influencers to declare their income for tax compliance

[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…

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Govt and business urged to collaborate to fight illicit trade

100 rands 3 minutes Experts have suggested partnerships between government and business should be used to combat illicit trade in South Africa. The Transnational Alliance to Combat Illicit Trade 2.0 Report reveals that the South African economy loses nearly R30 billion annually from illicit trade in tobacco and alcohol alone. Government officials have also noted…

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NERSA rejects Eskom 36% tariff increase proposal

1 minute The National Energy Regulator of South Africa (Nersa) says it has rejected Eskom’s 36% tariff increase application. The power utility applied for a substantial increase in August. Nersa says its decision to reject the application comes after consultation with stakeholders. There was widespread criticism of Eskom’s tariff increase application.  Eskom had asked for a 36 %…

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Joburg Water to leave Phumla Mqashi tap dry

A dripping tap. 1 minute Johannesburg Water says they will not reconnect illegal water connections in the Phumla Mqashi informal settlement, in Lenasia South. This is after the water utility disconnected the illegal water in the area on 12 November. The water utility says their High-Level Reservoir has experienced an increase in water levels following…

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