South African start-up, FlexClub has secured an additional $5 million (R75 million) in funding to scale its car subscription marketplace, while adding to an initial $1.2 million it raised in 2019. Source: BusinessTech
The South African Revenue Service (SARS) will soon become so efficient at detecting tax evasion and recovering hidden revenues, it will no longer be worth it to lie on returns, says Mahomed Kamdar, tax specialist at the South African Institute of Professional Accountants (SAIPA). Source: BusinessTech
A number of property-related bills were placed under this week as government plans increasing regulation for the sector. Source: BusinessTech
The CSIR has released its annual statistics on power generation in South Africa for 2020, showing how Eskom is in deep trouble. Source: MyBroadband
The Council for Scientific and Industrial Research (CSIR) has released its annual statistics on power generation in South Africa for 2020, showing that the country spent a significant amount of time dealing with power cuts. Source: BusinessTech
Gidon Novick is co-founder of South Africa’s newest low-cost airline Lift, which launched in December last year. Source: BusinessTech
The South African mint has announced that it will introduce a new R2 coin into circulation. Source: BusinessTech
A study by researchers at Stellenbosch University has found that offshore wind farms along South Africa’s coast could produce up to eight times the current power demand in the country. Source: MyBroadband
The South African Revenue Service (SARS) has warned property owners whose properties are located in South Africa, and who host fee-paying guests, that the rental income they receive must be declared in their income tax return. Source: BusinessTech
South Africa’s leading Tech retailer, Incredible Connection has embarked on a journey of hope and inspiration with the aim of touching the imagination of South Africans. Source: MyBroadband
