# AfriForum has submitted a formal objection to the Department of Trade, Industry and Competition’s proposed 100-billion-rand Transformation Fund. The group criticised its race-based criteria and funding model. Spokesperson Ernst van Zyl argues that the plan, which requires businesses to contribute three-percent of net profit after tax promotes racial exclusion and risks corruption. AfriForum has […]
# Finance minister Enoch Godongwana has cautioned against implementing a wealth tax, stating it could jeopardise seven-billion-rand in annual income tax from approximately two-thousand-850 high-net-worth individuals. These individuals, each possessing over 50-million-rand in assets, contribute significantly to the nation’s revenue. Godongwana emphasised that introducing such a tax might prompt these taxpayers to relocate, thereby eroding […]
# Gauteng se Toerisme-owerheid sê hy sien daarna uit om die provinsie se uiteenlopende aanbiedinge van vandag af uit te stel op die Afrika-Reisindaba in Durban. Die geleentheid vind plaas onder die tema, Onbeperkte Afrika. Vanjaar se indaba verwelkom meer as duisend uitstallers, afgevaardigdes van 27 Afrika-lande en meer as duisend gekeurde internasionale kopers van […]
# Die Amerikaanse minister van Finansies, Scott Bessent, beskryf die handelsamesprekings met China as produktief en opbouend. Amptenare van die wêreld se twee grootste ekonomieë het die naweek in Genève, Switserland, vergader om te onderhandel. Dit volg nadat president Donald Trump verlede maand omvattende handelstariewe van 145-persent op die meeste Chinese goedere ingestel het. China […]
# Business Unity South Africa sê ʼn gesamentlike poging is nodig om die land op ʼn volhoubare opwaartse trajek te plaas en resultate te lewer vir ʼn siklus van groei en werksgeleenthede. Die organisasie is deel van president Cyril Ramaphosa se 2023-vennootskap tussen die regering en sakeondernemings. BUSA sê die verbetering van Eskom se prestasie […]
# US Treasury Secretary Scott Bessent has described the trade discussions with China as productive and constructive. Officials of the world’s two largest economies met for talks in Geneva, Switzerland, over the weekend. This comes after president Donald Trump imposed sweeping 145-percent tariffs on most Chinese goods last month. China retaliated with 125-percent on US […]
# Business Unity South Africa says there needs to be a collective effort to help shift the country onto a sustained upward trajectory and deliver on the shared ambition of a virtuous cycle of growth and jobs. The organisation is part of the Government-Business Partnership, which was launched by president Cyril Ramaphosa in 2023. BUSA […]
# Eskom sê hulle voorsien nie dat beurtkrag dié winter geïmplementeer gaan word indien onbeplande onderbrekings laer as 13-duisend megawatt bly nie. Eskom het Maandag sy Wintervooruitsig vir die tydperk tot 31 Augustus gestel, wat van krag bly. Eskom se woordvoerder, Daphne Mokwena, sê indien onderbrekings tot 15-duisend megawatt styg, sal beurtkrag tot ‘n maksimum […]
# Eskom sê die kragstelsel bly stabiel en word gerugsteun deur voldoende noodreserwes wat strategies ontplooi word wanneer dit nodig is om tye van hoë aanvraag tydens piektye in die winter te bestuur. Eskom se woordvoerder, Daphne Mokwena, sê die faktor van onbeplande verlies aan opwekkingsvermoë, wat onbeplande onderbrekings meet, was van April tot Donderdag […]