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Country: South Africa

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  2. South Africa

South Africa: Budget 2018 – New president, new process, new engaged and optimistic public

TAX abstract

SA rely on the services provided by Government. Future development progress relies primarily on domestic financing.

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South Africa: Legal risk in a time of automated ships and other stuff formerly of science fiction

In November 2017 Damen shipyard announced that it had created the world’s first class approved 3D printed ship’s propeller.

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South Africa: Increase in the official interest rate

TAX abstract

The official rate of interest is currently set at the repurchase rate. Increase would bring this up to the prime lending rate.

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South Africa: National Health Insurance

TAX abstract

In his maiden Budget today, Malusi Gigaba revealed that Government has continued progressively on the path towards introducing NHI.

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South Africa: Regresses to higher VAT rate

Finance Minister Malusi Gigaba today announced an increase of 1% in the VAT rate, with effect from 1 April 2018.

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South Africa: VAT shocks – the good and the bad

TAX abstract

Taxpayers had been holding their breath and crossing their fingers, ahead of Finance Minister Malusi Gigaba’s Budget Speech today.

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