Business

Major new tax could backfire badly for South Africa
Tax experts warn that a proposed 20% tax on gambling in South Africa could end up blowing up in the government’s face.

SARS is coming after R3 petrol price relief in South Africa
SARS Commissioner-designate Dr Ngobani Johnstone Makhubu says that the R3 per litre fuel tax relief offered to consumers in April will have to be repaid in one way or another.

Two new laws for South Africa waiting for Ramaphosa’s signature
Two new laws for South Africa are waiting for President Cyril Ramaphosa’s signature, with huge changes for the nation’s water infrastructure management and immigration.

Price of first class stamp rises to £1.80
The rise come as the postal service faces criticism over missing delivery targets.

Top South African retailer loses R10.5 billion, and good news anyone paying for internet
Here are the five important things happening in South Africa on Tuesday, 7 April.

Oil prices rise as Trump’s Iran deal deadline looms
The US president threatened to take out Iran “in one night” if it does not agree to open the Strait of Hormuz.

Alderney fuel duty relief proposed as prices rise
Politician recommends fuel duty relief, with Alderney’s prices more than 60% higher than UK average.