Category: BUSINESS
AA criticises fuel levy increase, saying S Africans already strained – SABC News
The Automobile Association (AA) has strongly criticised government’s decision to increase the General Fuel Levy (GFL). Finance Minister Enoch Godongwana announced a 16-cents GFL increase per litre increase for petrol
Read MoreMaswanganyi warns against populist agendas against the Budget – SABC News
Chairperson of the Standing Committee on Finance, Joe Maswanganyi, has warned against the promotion of populist agendas by political parties, including opposition to tax policy. Finance Minister Enoch Godongwana announced
Read MoreBusinesses urged to double volume of trade between SA and France – SABC News
Deputy President Paul Mashatile has urged business leaders to double the volume of trade between South Africa and France. The call came at the opening of an investment conference in
Read MoreMalema says Godongwana reneged on extending zero-VAT rated list – SABC News
The Economic Freedom Fighters (EFF) leader, Julius Malema says Finance Minister, Enoch Godongwana has reneged on extending the zero-VAT rated list. Godongwana delivered the third instalment of this year’s Budget
Read MoreMotorists unhappy with Godongwana’s fuel levy increase – SABC News
Some motorists in Kimberley say they are unhappy with the fuel levy increase announced in the budget and which is expected to be effective from next month. Finance Minister Enoch
Read MoreTreasury identifies over R300 bln in wasteful programmes – SABC News
National Treasury and provincial treasuries have identified over R312-billion in wasteful spending on non-performing programmes since 2013. Government spending is estimated to reach nearly R2.6 trillion in the 2025-26 financial
Read MoreGodongwana announces over R1 trillion for infrastructure projects – SABC News
Over the medium term, government plans to allocate over R1 trillion to infrastructure projects across the country, this is according to Finance Minister Enoch Godongwana. “This budget invests over R1
Read More22 cents of every rand collected spent on debt servicing: Godongwana – SABC News
South Africa’s debt servicing costs are projected to reach R426.3 billion in the current financial year. According to Finance Minister Enoch Godongwana, this means that 22 cents of every rand
Read MoreCanal+ bid to buy MultiChoice conditionally approved – SABC News
The Competition Commission South Africa has recommended that the Competition Tribunal approve the proposed transaction whereby a French company intends to acquire MultiChoice Group with conditions. French company, Canal+, is
Read MoreLIVE | Budget Speech by Minister Godongwana
Finance Minister Enoch Godongwana’s third attempt at tabling the Budget, following a standoff over a VAT hike which National Treasury has since withdrawn. LIVE | Source link
Read More