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Finance

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
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
Budget 2017 spending at a glance

Budget 2017 spending at a glance

Finance Minister Pravin Gordhan has announced a number of spending areas that are aimed at boosting economic activity and growth across different sectors of the economy.

Finance - By SA News | 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
Bad management, finances still plague SOEs

Bad management, finances still plague SOEs

Operational inefficiencies, poor procurement practices, weak corporate governance and failures to abide by fiduciary obligations have plagued many of South Africa’s state-owned enterprises (SOEs), said Finance Minister Pravin Gordhan in his 2017 Budget Review.

Finance - By News24Wire | 22 February, 2017
Budget 2017 in a nutshell

Budget 2017 in a nutshell

Finance Minister Pravin Gordhan had a tough message for South Africans in Wednesday’s Budget Speech in the National Assembly, with the introduction of a new tax bracket for the very rich.

Finance - By News24Wire | 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
5 predictions for Budget 2017

5 predictions for Budget 2017

Absa spoke to Chris Gilmour, Investment Analyst at the group’s Absa Wealth and Investment Management division – he shared his top five predictions for the Budget 2017.

Finance - By Staff Writer | 22 February, 2017
What Gordhan said in his 2016 Budget

What Gordhan said in his 2016 Budget

Finance Minister Pravin Gordhan is expected to tell South Africans that the economy remains strong and resilient enough to overcome the current economic challenges.

Finance - By SA News | 22 February, 2017
Where you can watch the Budget 2017 live

Where you can watch the Budget 2017 live

Finance minister Pravin Gordhan will deliver his 2017 Budget speech today at 14h00 – this is where you can watch the address, live.

Business, Finance, Government - By Staff Writer | 22 February, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

All eyes are on finance minister Pravin Gordhan as he prepares to deliver his 2017 Budget speech; Cape Town mayor Patricia de Lille faces expulsion from the DA; and Telkom may be looking at buying Cell C, according to Bloomberg.

Business, Finance, Government - By Staff Writer | 22 February, 2017
Most South Africans struggle to save for retirement

Most South Africans struggle to save for retirement

A new survey finds that more South Africans are struggling to save for retirement than a year ago due to rising costs and a flat economy.

Finance - By Staff Writer | 21 February, 2017
South Africans among the most heavily taxed people in the world

South Africans among the most heavily taxed people in the world

Finance minister Pravin Gordhan is under pressure to find an extra R28 billion in tax revenue – which is likely to come out of the pockets of South Africans who are already among the most taxed people in the world.

Business, Finance, Government - By Staff Writer | 21 February, 2017
Why you should have put your money on South Africa over the past 100 years

Why you should have put your money on South Africa over the past 100 years

New data from Credit Suisse shows that South Africa’s equity market has been one of the most successful in the world over the past 100 years.

Finance - By Staff Writer | 21 February, 2017
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