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January marked a pivotal moment for Rawson Property Group as it opened its doors on the popular island destination for the first time. Source: BusinessTech

A new set of tax law amendments, signed by president Cyril Ramaphosa, and promulgated on 20 January 2021 has granted the South African Revenue Service (SARS) all the legal fire power it needs to impose criminal sanctions on taxpayers who neglect their tax affairs. Source: BusinessTech

Plans to introduce the amended Aarto Act in South Africa in July 2021 would be reckless as a forensic investigation has been launched into the activities of the Road Traffic Infringement Agency (RTIA), says Howard Dembovsky, chair of Justice Project South Africa (JPSA). Source: BusinessTech

Coca-Cola Co. is planning to sell about 30% of its South African bottling unit to local non-white investors in a deal worth about R10 billion ($669 million), in line with an agreement with local regulators, according to people familiar with the matter. Source: BusinessTech

South Africa’s government has committed billions of rands in Covid-19 related fiscal support and stimulus packages to the unemployed, small businesses, and struggling sectors in an effort to save livelihoods, which has deepened its debt challenges, notes think tank, The Brookings Institution. Source: BusinessTech

Cell C has withdrawn its legal challenge of new number portability regulations published by the Independent Communications Authority of South Africa (ICASA), MyBroadband has learned. Source: MyBroadband

The rand is headed for its biggest weekly gain since mid-December as investors warmed to signs that South Africa’s fiscal deficit may be lower than expected as tax revenue overshoots. Source: BusinessTech

The SA Post Office has released new pricing which kicks in on 1 April 2021, with price increases for most services. Source: MyBroadband

Finance minister Tito Mboweni has again expressed his support for the introduction of a state bank in South Africa. Source: BusinessTech

The Western provincial Cape government says that it will push forward on plans to bring Covid-19 vaccines into South Africa as a contingency measure. Source: BusinessTech