economy

economy

South Africans are paying more tax than ever before

South Africans are paying more tax than ever before

Africa-Press - South-Africa. Finance Minister Enoch Godongwana says that South Africa’s tax-to-GDP ratio is the highest it has ever been, with taxpayers struggling under...
South African stocks not feeling the love

South African stocks not feeling the love

Africa-Press - South-Africa. Foreign investors are missing out on significant opportunities in South African equities heading into 2026, with them selling over R165 billion...
South African Rand's Volatility From Zero to Hero

South African Rand’s Volatility From Zero to Hero

Africa-Press - South-Africa. The South African rand is currently enjoying a period of strength versus the US dollar, amid elevated commodity prices and improving...
SIU Vows to Recover Misappropriated Public Funds

SIU Vows to Recover Misappropriated Public Funds

Africa-Press - South-Africa. The Special Investigating Unit (SIU) said that it will spare no resources to recoup state funds from beneficiaries of fraud and...
Cape Town to Auction 50 Land Parcels for Development

Cape Town to Auction 50 Land Parcels for Development

Africa-Press - South-Africa. The City of Cape Town has assured residents that the properties set for its upcoming major land parcel auction are no...
Treasury Threats to Withhold Funding for Municipalities

Treasury Threats to Withhold Funding for Municipalities

Africa-Press - South-Africa. Municipal governance expert Miyelani Holeni said threats by the National Treasury to withhold funding for 75 municipalities due to alleged financial...
Big petrol price cuts coming for South Africa

Big petrol price cuts coming for South Africa

Africa-Press - South-Africa. South African motorists are set for substantial relief in January, with data indicating cuts for both petrol and diesel at the...
SARS coming after South African taxpayers for millions

SARS coming after South African taxpayers for millions

Africa-Press - South-Africa. SARS is intensifying its crackdown on tax evasion and non-compliance, using strengthened powers and partnerships with IDAC to pursue taxpayers for...
One decision cost South Africa a decade

One decision cost South Africa a decade

Africa-Press - South-Africa. The firing of Finance Minister Nhlanhla Nene on 8 December 2015 marked the beginning of what many have termed a “lost...
One Thing Costing South Africa R70 Billion Annually

One Thing Costing South Africa R70 Billion Annually

Africa-Press - South-Africa. South Africa pays between R50 billion and R70 billion in additional debt-servicing costs due to a mismatch between its economic fundamentals...