Physical oil prices have fallen internationally, reflecting easing concerns over Russian-led supply disruptions and worries of a global economic slowdown
The government must get off its ideological perch, harness the goodwill shown during the pandemic and work with business to improve the nation’s health
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Group core profit rose 15.1% in MTN's half-year, despite data prices falling more than a fifth, and its looking to fund its network rollout
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Reducing people’s unnecessary movement for a few days as soon as new cases emerge is a key practice of the East Asian country’s Covid-zero strategy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Mercedes-Benz will bring its luxurious EQS electric vehicle to SA later in 2022
Considering which goods should be zero-rated for VAT is not only a question of how the poor will benefit. But this was an overriding concern of the independent panel of experts appointed by the Treasury to review the list of 19 items zero-rated in the VAT regime.
The panel, which submitted its report to finance minister Nhlanhla Nene last week, was appointed after the outcry over the one percentage point VAT hike announced in the budget. Opponents said the measure would hit the poor hard.
The panel, led by Stellenbosch University professor Ingrid Woolard, had a tricky balancing act which took into account not only the absolute and proportional benefit of zero-rating certain products to low-income households compared to other sectors of society. It also had to consider the potential loss to the fiscus of doing so; the likelihood of producers and retailers passing on the benefit to consumers particularly in highly concentrated markets; the ease of administration; and the potential for...
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