South Africa’s petrol station forecourts are rapidly transforming into high-value retail hubs, with convenience store growth and major brand partnerships driving a market worth over R33 billion.
A first-of-its-kind national survey has found that 80% of Grade 4 learners cannot read for meaning, only 30% are reading at a grade level between Grade 1 and 3, and a shocking 15% cannot read at all.
SARS will soon receive detailed, standardised data on taxpayers’ crypto and offshore financial activity, making non-disclosure or incorrect classification far easier to detect and increasing the risk of audits and penalties.
South Africa’s property market confidence is holding at a record-high of 87%, driven by strong optimism and buying activity among younger and inland homeowners despite ongoing economic pressures.
Minister Parks Tau said that with the number of companies contributing to BEE skills development programmes, if BEE were working, South Africa would not have a critical skills gap.