Old Mutual said on Monday in a trading statement for the year ended December 2020, that it expects adjusted headline earnings per share to be between 69% and 79% lower than a year ago, as a result of the impact of the recessionary environment on customer disposable income and the significant impact of Covid-19 on …
Critics have accused the South African National Roads Agency Limited (Sanral) of using fear tactics to get motorists to pay their outstanding e-toll bills. Source: BusinessTech
Employment and Labour minister Thulas Nxesi says that his department will introduce a new labour migration policy that regulates foreign workers in South Africa. Source: BusinessTech
Brent oil surged above $71 a barrel after Saudi Arabia said the world’s largest crude terminal was attacked, although output appeared to be unaffected after the missiles and drones were intercepted. Source: BusinessTech
The Covid pandemic has necessitated a number of key shifts in the needs of tenants says Seeff Property Group. Source: BusinessTech
Tito Mboweni’s 2021 budget speech highlighted the deep financial hole the South African economy is really in – and warning lights are starting to flicker for South Africa’s wealthy taxpayers. Source: BusinessTech
UAE-based airline Emirates and the Dubai Health Authority (DHA) have announced a Memorandum of Understanding (MoU) which will position Dubai as one of the first cities in the world to implement digital verification of traveller medical records related to Covid-19 testing and vaccination. Source: BusinessTech
The Department of Home Affairs’ new draft critical skills list will help in addressing skills shortages in South Africa, and there are some notable additions and omissions. Source: BusinessTech
As government continues to drag its feet on providing a “solution” to the failed Gauteng e-tolling system, roads agency Sanral is gearing up for a new legal framework which could see motorists fined, or having licence renewals blocked if they don’t pay their outstanding fees. Source: BusinessTech
If you are in the process of leaving South Africa, ensure you know the ins and outs of tax emigration and how to proceed, William Louw, professional tax practitioner and director at Sable International, advises. Source: BusinessTech
