New data from TransUnion shows the average loan amount in South Africa- namely how much the country’s citizens borrow from the bank for their own personal use, based on figures in the fourth quarter of last year. Source: BusinessTech
The Department of Justice and Constitutional Development has invited interested parties to submit written comments on the proposed amendments to the Promotion of Equality and the Prevention of Unfair Discrimination Act. Source: BusinessTech
The South African alcohol industry says it made recommendations to the government through Nedlac ahead of a stricter lockdown proposed around the Easter weekend. Source: BusinessTech
February 2021-Five years on, Openserve has become South Africa’s leading network infrastructure provider that is committed to delivering the ultimate broadband experience and offering even more value to its customers. Source: BusinessTech
South African traffic officers will be issued with body cameras to ensure the safety of both law enforcers and members of the public. Source: BusinessTech
Cryptocurrency investors could be the proverbial canary in the coal mine for tax in South Africa, says Thomas Lobban, legal manager of Tax Consulting South Africa. Source: BusinessTech
The City of Johannesburg has tabled its draft Integrated Development Plan (IDP) and the Medium-Term Expenditure Framework Budget for public comment, with ratepayers expected to pay more in a number of areas. Source: BusinessTech
Financial experts have seen an uptick in debt-related queries over the past few months as the effects of the country’s lockdown is still being felt, with the country’s middle-class particularly hard hit. Source: BusinessTech
Six of South Africa’s leading medical scientists said the government’s decision to sell 1 million coronavirus vaccines developed by AstraZeneca Plc to other African nations is questionable because it had not determined their effectiveness against a variant that is widespread on the continent. Source: BusinessTech
Liquor industry stakeholders have warned of the harmful effects of a fourth alcohol ban for South Africa after the lockdowns and bans have devastated the sector over the past year. Source: BusinessTech
