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WHO backs SA sugary drinks tax it says will tackle diabetes and obesity

WHO backs SA sugary drinks tax it says will tackle diabetes and obesity

The World Health Organization says it strongly supports the Government of South Africa’s announcement to implement a tax on sugary beverages.

Lifestyle, Wealth - By Staff Writer | 23 February, 2017
Cell C walks away from Telkom talks, again

Cell C walks away from Telkom talks, again

Mobile operator Cell C says it is committed to its deal with Blue Label Telecoms, and is therefore “unable and not willing to pursue any discussion” with Telkom over an acquisition deal.

Mobile - By Staff Writer | 23 February, 2017
Brian Molefe has been sworn in as an ANC MP: report

Brian Molefe has been sworn in as an ANC MP: report

Ex-Eskom CEO Brian Molefe has been sworn in as a Member of Parliament representing the ANC of the North West Province.

Government - By Staff Writer | 23 February, 2017
You will now be taxed R239 when you fill up at the petrol station

You will now be taxed R239 when you fill up at the petrol station

The Automobile Association says that additional charges to the general fuel and RAF levy is a cause for concern, with indirect taxes now accounting for 35% of the per litre price of petrol.

Energy - By Staff Writer | 23 February, 2017
These are the most reliable cars and car brands

These are the most reliable cars and car brands

Market research company J.D Power has released its 2017 Vehicle Dependability Study (VDS) detailing the most dependable manufacturers and models over the past year.

Motoring - By Staff Writer | 23 February, 2017
How markets reacted to Gordhan’s 2017 budget

How markets reacted to Gordhan’s 2017 budget

This is how the markets reacted following Pravin Gordhan’s 2017 budget speech.

Finance - By Staff Writer | 23 February, 2017
Even more nasty tax surprises are still on the way – including a petrol shocker

Even more nasty tax surprises are still on the way – including a petrol shocker

While minister of finance Pravin Gordhan announced a R28 billion tax increase in the 2017 Budget speech on Wednesday, he hinted that further ‘nasty surprises’ are on the way.

Finance - By Staff Writer | 23 February, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

Finance minister Pravin Gordhan’s budget has been received quite well, though critics are not happy with the 45% super tax on the wealthy; and Zuma’s supporters are unashamed, undeterred and hell-bent on building a R6 million statue in his image.

Business, Finance, Government - By Staff Writer | 23 February, 2017
Telkom’s Brian Armstrong retires

Telkom’s Brian Armstrong retires

Telkom chief commercial officer Brian Armstrong has announced that he will be retiring from the company.

Telecommunications - By Staff Writer | 23 February, 2017
New tax tables for 2017: this is how much you will pay

New tax tables for 2017: this is how much you will pay

Following the announcement of new tax changes for the 2017/18 financial year by finance minister Pravin Gordhan, the country’s tax tables have been updated.

Finance - By Staff Writer | 22 February, 2017
New SA tax bracket will chase away entrepreneurs and job creators

New SA tax bracket will chase away entrepreneurs and job creators

Seeff says that while a raised threshold of transfer duty exemption as announced in the Budget 2017, is most welcome for the property market, a new tax bracket for the rich is not.

Lifestyle - By Staff Writer | 22 February, 2017
Universities get more government money for poor students

Universities get more government money for poor students

Treasury will allocate R16.1 billion to education, of the total R30 billion reprioritised expenditure by government for Budget 2017.

Finance - By Staff Writer | 22 February, 2017
Fuel levy is going up in South Africa

Fuel levy is going up in South Africa

Motorists will have to pay quite a bit extra for a full tank of fuel come April, after finance minister Pravin Gordhan announced a hike in the fuel levy.

General - By Staff Writer | 22 February, 2017
South Africa’s sugar tax has changed – here’s when to expect it

South Africa’s sugar tax has changed – here’s when to expect it

Finance Minister Pravin Gordhan has delivered his 2017 budget speech introducing a host of new tax and finance adjustments for 2017 including changes to the controversial sugar tax.

General - By Staff Writer | 22 February, 2017
New tax bracket will nail South Africa’s wealthiest

New tax bracket will nail South Africa’s wealthiest

South Africans who earn more than R1.5 million a year will form part of a new tax bracket who will add an addition R16.5 billion to the fiscus, finance minister Pravin Gordhan announced.

Business, Finance - By Staff Writer | 22 February, 2017
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