Business
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Perfect storm hitting South Africans earning more than R20,000 per month
The latest DebtBusters Money-Stress Tracker has set alarm bells ringing for middle class South Africans, whose debt is hitting crisis levels.
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News24 Business | South Africa may battle to sustain inflation near 4.5%, Stanlib says
South Africa’s central bank may find it difficult to achieve and sustain an inflation rate of 4.5% over the next few years as infrastructure backlogs and fiscal constraints push up the prices of key essential services, Stanlib Asset Management said.
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These countries are poaching South Africans for jobs – paying up to R2.3 million
The global north is poaching talented South Africans to fill their skills deficit, and it’s working.
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Salaries in South Africa are getting wrecked
South Africans have just been getting poorer over the last few years as the cost of living and high inflation eats away at disposable income – and the outlook for 2024 and 2025 is not much better.
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News24 Business | Judge blocks govt plan to tell private hospitals and doctors where they can go
The Pretoria High Court has struck out sections of the National Health Act which would allow the government to direct private hospitals and health professionals to parts of the country where they might be most needed.
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News24 Business | Tax refund woes: SARS investigates complaints by Standard Bank clients
The South African Revenue Service has said it is working to resolve alleged cases of non-payment and reversals of tax refunds for taxpayers.
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A bleak reality check for inflation in South Africa
Eskom price hikes and the increasing cost of service delivery means that South Africa might struggle to get inflation under control, say analysts.
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News24 Business | US ‘all in on Africa’, says Biden, as he asks for quick AGOA reauthorisation
Unless the trade deal is reauthorised by Congress, qualifying African countries will lose preferential access to the US market.
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Goodbye Home Affairs hell – we tested Smart ID and passport renewal at Discovery
BusinessTech tested the amount of time it would take to renew your passport and ID at the Home Affairs branch at Discovery.
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Big VAT changes for South Africa
President Cyril Ramaphosa announced a plan to change the range of food items exempt from value-added tax (VAT). However, it is easier said than done.
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Excellent opportunity to own a bp petrol station in KwaZulu-Natal – Apply now
This is a great opportunity to become a franchise owner of a petrol station in a prime location and hit the ground running with a business generating phenomenal turnover.
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Court deals massive blow to the NHI
The Gauteng High Court has declared a “cornerstone of the NHI” invalid and unconstitutional – throwing a big spanner in the works for the government’s healthcare plans.
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CrowdStrike to improve testing after ‘bug’ caused outage
The cybersecurity company’s mistake caused millions of PCs not to work on Friday.