Category: BUSINESS
Amazon takes on Starlink with first Kuiper internet satellites – SABC News
After years of waiting, Amazon has finally launched its Kuiper internet satellites. The tech giant launched its first 27 satellites into low-Earth orbit from Florida on Monday, kicking off deployment
Read MoreOcean economy is SA’s next gold mine: Ndabeni- Abrahams – SABC News
Small Business Development Minister Stella Ndabeni- Abrahams says the ocean’s economy is South Africa’s next gold mine and it’s important that everyone, including those in the townships and villages benefit
Read MoreCourt ruling on VAT hike brings some certainty: Kieswetter – SABC News
The South African Revenue Service (SARS) Commissioner Edward Kieswetter says the Western Cape High Court ruling on the Value-Added Tax (VAT) hike brings some certainty on the administration of the
Read MoreTrump’s trade war threatens SA table grape exports to US – SABC News
South African table grape producers fear that United States President Donald Trump’s trade war could undo years of hard work for the table grape industry in South Africa. This as
Read MoreSARS warns consumers to ensure they are charged 15% VAT
The South African Revenue Service (SARS) Commissioner Edward Kieswetter has urged consumers to be vigilant at the point of sale to ensure that they are charged 15% Value-Added Tax (VAT)
Read MoreMK Party distances itself from VAT debate, stands with majority view – SABC News
The MK Party says it has deliberately decided not to involve itself in the ongoing debate over the reversal of the Value Added Tax (VAT) increase. MK Party Secretary-General Floyd
Read MoreWestern Cape High Court puts brakes on planned VAT increase – SABC News
The Western Cape High Court has ruled to suspend the VAT increase announcement made last month, preventing the tax hike from taking effect on May 1. In a significant ruling,
Read MoreDA warns VAT hike can’t be stopped without parliamentary approval – SABC News
The Democratic Alliance (DA) says the VAT hike will proceed as planned on 1 May, arguing that Finance Minister Enoch Godongwana cannot unilaterally reverse it without legislation approved by Parliament.
Read MoreEleven suspects nabbed for illegal mining in Limpopo – SABC News
Eleven people have been arrested in connection with illegal sand mining and for being in the country illegally. The suspects were arrested in the Sekhukhune, Mopani and Vhembe districts in
Read MoreAbsa fined R10 million for monitoring failures – SABC News
The South African Reserve Bank’s Prudential Authority has imposed an administrative fine of R10 million on Absa Bank for failing to conduct a thorough review of certain clients. These clients
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