Income tax warning for taxpayers who choose to stay in South Africa
South African taxpayers face the possibility of higher taxes in the future as the tax base continues to shrink, mainly due to skilled individuals leaving the country.
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Annabel Bishop | Finance | Investec | Rand
D-Day for the rand
The rand is under pressure as markets pause ahead of a critical deadline for the US-Iran war.
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Ramaphosa signs big tax changes for South Africa into law
President Cyril Ramaphosa has signed a new tax law that gives the South African Revenue Service (SARS) greater powers while also providing taxpayers with important avenues for relief.
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Finance | fuel prices | interest rates | Nedbank | Rand | SARB
Blows keep coming for the rand
The rand suffered another blow on Friday, weakening to R17.20 to the dollar during mid-afternoon trade.
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Reserve Bank holds interest rates in South Africa
The South African Reserve Bank has voted to keep the policy rate unchanged at 6.75% amid heightened global uncertainty.
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SARS is coming after one group of employers in South Africa
SARS is stepping up action against employers who abuse the Employment Tax Incentive, heading to court for legal backing to boost enforcement.
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Annabel Bishop | Finance | Investec | Rand
Pain for the rand
The rand is taking a beating as markets stick to a risk-off stance, worried about prolonged conflict in the Middle East and the resulting disruptions to global oil supplies.
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Warning about new R46,000 tax-free limit in South Africa
South Africans may be allowed to invest more tax-free per year, but the warnings about limits remain in place.
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Double tax warning for anyone with a retirement fund in South Africa
The first two-pot system withdrawal was submitted one minute into the new financial year, and South Africans are being reminded of the risks.
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Finance | Investec | Rand | South Africa | US dollar
Money flooding out of South Africa
Money is flowing out of South Africa as global investors rush toward safer assets amid escalating geopolitical tensions in the Middle East.