South Africa’s budget remains stuck as parties reject reduced VAT hike

A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax (VAT) was sharply reduced. The revision was meant to end an impasse …

South Africa's budget may be tweaked further, finance minister says

South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a contentious plan to raise value-added tax, the country's finance minister told Reuters. Most big parliamentary parties …

bpSA embraces change as it celebrates its 100th year in South Africa

BP Southern Africa (bpSA) celebrated its 100th year of doing business in South Africa on Wednesday, 9 October, with an in-depth dialogue on energy industry trends, followed by a gala dinner to celebrate the contributions of various stakeholders to the …

How research underfunding robs South Africa of scientific innovations

He who pays the piper calls the tune, so is the reality of some of the country’s scientists at various universities who often rely on external funding from organisations and other governments to get their research projects off the ground. Universities are …

South Africa: National budget boosts infrastructure investment in key property areas

The national budget reflects increased infrastructure investment in key property growth hubs, despite concerns over the disappointing Vat hike, says Dr Andrew Golding, chief executive officer of the Pam Golding Property group: It was positive to note that …

South Africa's Standard Bank reports 4% rise in annual profit

Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions. It offers a …

South Africa to Host first G20 Trade And Investment Meeting

"We have identified four focus areas for the TIWG. The first is trade and inclusive growth, with an outcome being principles to promote trade and inclusive growth that aim to address common or shared challenges resulting from distributive effects of …

US Sidelines South Africa’s Ambassador Amid Political Fallout

South Africa’s Budget Sparks Outrage Despite Reduced VAT Hike

South Africa’s Finance Minister, Enoch Godongwana, unveiled a revised budget on Wednesday, scaling back a previously proposed value-added tax (VAT) increase. However, the plan was met with strong opposition, particularly from a key party in the country’s …

Vernon ultra athlete is leading the pack at the Deca Ultra South Africa

Photo: Facebook Shanda Hill is out of the water, on the bike and in the lead at the Deca Ultra South Africa. Hill is competing in her first race of 2025. She is the only female in the race and the Vernon ultra athlete is showing the men how it is done. She …