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| Sanisha Packirisamy and Herman van Papendorp In our view, Finance Minister Nene produced a pragmatic budget for FY15/16 against the challenging backdrop of simultaneously having to contain government spending to protect the sovereign's credit status while at the same time being confronted with a weak revenue base resulting from a frail growth outlook. read more>> |
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| Arthur Kamp There was nothing too exciting in this year's Budget, other than confirmation that a prudent fiscal path will be followed in order to stabilise government's debt ratio... read more>> |
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| Finance minister Nhlanhla Nene's budget speech has received mixed reactions. While income tax is being raised for the first time in 20 years, small to medium sized businesses set to benefit by the doubling of the turnover tax threshold. (infographic) read more>> |
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| Read the full text of South African Finance Minister Nhlanhla Nene's inaugural national Budget speech, the fifth in the country's democratic Parliament, delivered on 25 February 2015... read more>> |
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| Hollard Insurance has signed a business relationship agreement with Tokio Marine & Nichido Fire Insurance, Japan's oldest insurance company... read more>> |
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| Nedbank has admitted that the collapse of African Bank, the country's largest unsecured lender, "tested" the SA banking industry... read more>> |
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| Launched on 26 February, the 20-minute 'One Rand Man' documentary, will now be made available to schools, as well as financial advisers who want to educate their clients. read more>> |
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| Paul Vecchiatto Transfers to universities for subsidies and infrastructure make up 42% of the R200bn allocated to post-school education and training in the medium term‚ said the Treasury in its 2015-16 Budget Review... read more>> |
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| Issued by Retail World Join Deputy Minister Mzwandile Masina as he welcomes you to the fifth annual Retail World Africa 2015, to be held at the Sandton Convention Centre in Johannesburg... read more>> |
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| South Africa's gross domestic product (GDP) increased by 4.1% in the fourth quarter of 2014, Statistics South Africa (Stats SA) said on Tuesday, 24 February... read more>> |
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| The minister's repeated reference to the National Development Plan (NDP) in his budget speech provides some level of policy direction as it appears that the NDP, previously declared as the cornerstone of government policy, appears to have lost some traction in recent times... read more>> |
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| Madelein van der Watt South African employers must act quickly to prepare their payroll systems and processes for the new tax brackets and calculations... read more>> |
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| Ethel Nyembe, head of Small Enterprise at Standard Bank, says small businesses in South Africa can breathe a sigh of relief following Finance Minister, Nhlanhla Nene's, announcement that businesses with turnovers of below R1m a year will have their tax rates reduced from 6% to 3%... read more>> |
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| The Minister of Finance, Nhlanhla Nene, delivered the 2015 Budget speech which contains a number of tax proposals that will impact businesses and individuals alike. Cliffe Dekker Hofmeyr has provided a summarised version of certain key tax proposals... read more>> |
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| David Warmback Commentary from David Warmback of Shepstone & Wylie on some interesting changes proposed to the transfer duty rates and brackets announced in the 2015 Budget Speech... read more>> |
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| PwC has provided comment on Finance Minister Nene's 2015 Budget Review yesterday... read more>> |
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| Although Budget 2015 has delivered some good news for small business, the South African Institute for Professional Accountants (SAIPA) says it's not all good news... read more>> |
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| Virusha Subban Currently, if an importer applied for and is accepted into the SARS deferment scheme, the payment of import duty and import VAT may be deferred or suspended for up to 30 days... read more>> |
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| Ferdie Schneider The Finance Minister has various options at his disposal concerning how he could use VAT as a fiscal instrument to raise revenue and reduce the budget deficit that has occupied the brain trust in government... read more>> |
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| Heinrich Louw On 18 February 2015, the South African Revenue Service (SARS) released Binding Private Ruling 187, which dealt with the waiver of a loan subsequent to the implementation of an intra-group transaction... read more>> |
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More International |
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| DAR ES SALAAM, TANZANIA: Millions of M-Pesa and Tigo Pesa customers in Tanzania will soon be able to send and receive money directly into each other's wallets. This follows the recent signing of a mobile money interoperability agreement between Tigo and Vodacom... read more>> |
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More Africa |
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Alexander Forbes ConferenceAlexander Forbes - 5 Mar 2015, Port Elizabeth | 9 Mar 2015, Cape Town | 11 Mar 2015, Johannesburg | 17 Mar 2015, Durban |
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William Butler Yeats "Education is not the filling of a pail, but the lighting of a fire." |
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