Category: BUSINESS
SANTACO defends govt’s R408-million COVID-19 taxi relief fund – SABC News
The South African National Taxi Council (SANTACO) defends government’s decision to allocate R408 million from the COVID-19 Relief Fund to the taxi industry. This comes after Build One South Africa
Read MoreEskom suspends load shedding due to 2000 mw recovery in generation
Eskom has attributed its decision to suspend load shedding to the recovery of more than 2 000 megawatts of generation capacity and sufficient emergency reserves. It also says there is
Read MoreVAT hike reversal relief for business: Cape Chamber – SABC News
The Cape Chamber of Commerce and Industry (CCAI) says the decision not to increase Value Added Tax (VAT) by 0.5 % point is a relief not only for the poor
Read MoreTrump trade war spreads more gloom across businesses – SABC News
Businesses across multiple industries are increasing prices, cutting financial guidance and warning of growing uncertainty as US President Donald Trump’s trade war pushes up costs, up-ends supply chains and stirs
Read MoreCOSATU refutes Treasury’s shortfall claim – SABC News
The Congress of South African Trade Unions (COSATU) has refuted National Treasury’s statement that by not increasing VAT, the medium-term revenue shortfall will be R75 billion. Media statement: Reversal of
Read MoreVAT hike reversal a victory for all South Africans: DA – SABC News
The Democratic Alliance (DA) has welcomed the reversal of the 0.5 percent VAT increase, which was meant to take effect next Thursday. National Treasury earlier this morning announced the reversal
Read MoreGodongwana reverses proposed VAT increase – SABC News
Finance Minister Enoch Godongwana has reversed the 0.5 percentage point VAT increase he announced during the passing of the budget in March. The VAT increase was later approved by the
Read More‘SA’s G20 presidency vital amid global food security challenges’ – SABC News
Agriculture Minister John Steenhuisen says South Africa’s presidency of the G20 comes at a crucial time. Steenhuisen says the world’s food systems are threatened by food insecurity, climate volatility and systemic
Read MoreSA’s tourism rebounds with 9 million visitors in 2024: De Lille – SABC News
Tourist numbers to South Africa and the rest of the African continent are on the rise. Tourism Minister Patricia de Lille shared the update during a media briefing in Durban,
Read MoreConsumer inflation eases to 2.7% in March – SABC News
Consumer inflation has slowed in line with market expectations. Stats SA data shows that annual Consumer Price inflation rose by two-point-seven percent in March, on a year-on-year basis. That’s down
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