The surcharge begins at £2,500, rising to £7,500 for properties valued at more than £5m.

In the lead up to the Chancellor delivering her Budget, the Office for Budget Responsibility published their report early in error.

Foreign investors are pouring money into South African government bonds, but are continuing to sell local equities amid concerns over the country’s stagnant economy.

The latest data from Stats SA on liquidations in South Africa shows that another 128 liquidations have been added onto the pile, taking the total to over 1,300 for the year so far.

Drivers of electric cars will pay a road charge of 3p per mile, while plug-in hybrid drivers will pay 1.5p per mile from April 2028.

The Office for Budget Responsbility expects the economy to grow at an annual rate of 1.5% on average over the next five years.

The Department of Agriculture has announced that South Africa will move to vaccinate its entire national cattle herd for Foot and Mouth Disease—a massive shift in its response to the national outbreak.

TymeBank has reached its latest milestone of 12 million clients, making it larger than some of the country’s biggest banks in terms of customers.

Vukile Property Fund is set to acquire a 50% stake in Chatsworth Centre, in KwaZulu-Natal, from Sanlam Life Insurance Limited for R620.4 million.

Vukile Property Fund is one of the largest REITs in South Africa, but most of its assets are found in Iberia.

The Central Energy Fund’s latest data indicates higher December fuel price hikes than initially projected, though easing oil prices and a stronger rand may offset some of the increases ahead of the official announcement.

The BBC’s Ben Chu looks at how much the UK government gets in tax and where those taxes are spent.

Pepkor is closing its well-kown footwear chain that has operated in South Africa since 1986.