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Posts Tagged ‘tax’
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October 22, 2018

SA REMAINS AFRICA’S TOP PICK FOR FOREIGN INVESTORS

SA is still the most attractive financial market for international investors in Africa, according to the Absa Africa financial markets index.

The country remained in the top position for the second year running with a score of 93 out of 100, supported by strong financial market infrastructure and a robust legal framework.

Despite this, the report warns that SA’s macroeconomic performance deteriorated in the past year as it plunged into recession for the first time since the global financial crisis, exposing SA to “rising financial risks”.

This could result in the country being challenged for the top spot by the likes of Kenya, Nigeria and [...]

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June 29, 2018

Stellenbosch University Law Clinic fights Tampon Tax

The Stellenbosch University (SU) Law Clinic has joined the fight to topple tampon tax and has made a written submission to National Treasury to include feminine hygiene products on the list of zero-rated VAT items.

The clinic conducted research on tampon tax shortly after the National Treasury called for public submissions for the expansion of the current list of zero-rated VAT items.

“The research indicates that the lack of access to feminine hygiene products, primarily as a result of the high prices of these products, is an enormous problem that confronts poor, vulnerable and marginalised women and girls in South Africa,” SU Law Clinic attorney Monja [...]

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February 26, 2018

Another fuel price cut on the cards for March

While the recent political changes have inspired a more jubilant mood among many South Africans, motorists will have even more reason to smile at the beginning of March, with current data indicating that a fuel price reduction is on the cards.

Mid-month data is pointing towards a petrol price decrease of around 30 cents a litre while the cost of diesel is likely to fall by approximately 40 cents and illuminating paraffin by 21 cents.

This would bring the price of 95 Unleaded down to R13.82 in Gauteng and R13.33 at the coast.

However, current trends indicate that an even bigger decrease is possible – depending on how oil prices and the currency play along [...]

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