Ramaphosa has approved new tax laws for South Africa – 5 key changes to know
President Cyril Ramaphosa has approved several tax changes for South Africa. Source: BusinessTech
News
These are the semi-finalists for South African car of the year 2022
The South African Guild of Mobility Journalists’ Car of the Year (COTY) committee has on Friday announced the semi-finalists for the 2022 SA Car of the Year competition. Source: BusinessTech
What businesses in South Africa are most worried about in 2022
Cyber incidents, business interruption and critical infrastructure blackouts are the top three business risks in South Africa in 2022, according to the Allianz Risk Barometer 2022. Source: BusinessTech
South Africa’s ‘real’ matric pass rate is far lower than government’s figures: DA
The opposition Democratic Alliance says the country’s 2021 matric results are not a true reflection of the number of students who are failed by the country’s education system. Source: BusinessTech
Ramaphosa holds meetings around new basic income grant for South Africa – and extending R350 Covid grant
President Cyril Ramaphosa, finance minister Enoch Godongwana and social development minister Lindiwe Zulu held meetings with civil society this week to discuss the possible extension of South Africa’s R350 social relief of distress (SRD) grant beyond March 2022 – and the introduction of a basic income grant. Source: BusinessTech
New school certificate to be introduced in South Africa from 2022
The Department of Basic Education will pilot the new General Education Certificate (GEC) at hundreds of South African schools in 2022, with plans to roll out the certificate to all schools in the country by the 2024 school year. Source: BusinessTech
3 things that will hit South Africa’s middle class in the coming months
Rising living costs, primarily due to higher transportation and utility prices, will be a major consideration for the middle-market in 2022. Source: BusinessTech
World Bank approves R11.4 billion loan for South Africa
The World Bank has approved South Africa’s request for a $750 million (R11.4 billion) development policy loan. Source: BusinessTech
Netflix forecast for new customers disappoints
Netflix Inc expects to add just 2.5 million subscribers this quarter, a number that falls short of Wall Street’s estimates and would mark the slowest start to a new year for the company in at least a decade. Source: BusinessTech
South African president says minister withdraws attack on judges
South African president Cyril Ramaphosa said tourism minister Lindiwe Sisulu apologised for a series of articles criticizing the nation’s judiciary. The minister denied the president’s statement. Source: BusinessTech