The Economic Freedom Fighters slammed the ruling as setting a dangerous precedent on taxation without oversight and vowed to fight on
And R447.7 billion was returned to taxpayers, says South African Revenue Service commissioner Edward Kieswetter
The majority of the relief comes in the form of incentives given to businesses and households investing in alternative energy
The financially stretched middle class is teetering on the brink as fuel and food prices gnaw at their disposable incomes
The last time the fuel price was not increased because of a change in either the fuel levy or the Road Accident Fund levy was in 1990
Steep fuel price hikes are the result of higher levies, which came into effect this week, as well as a turbulent international oil market
United States’s enfant terrible Donald Trump’s sanctions on Iran are hurting Opec’s third-largest exporter at 2.4-million barrels a day
While some such as the RAF and Tisa have welcomed Finance Minister Nhlanhla Nene’s new budget plans, others are not so happy.
Motorists no longer have to fork out an extra three cents per litre on petrol and diesel as new pipeline capacity comes online.
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/ 24 February 2012
High taxes on investments has left taxpayers in a bad position.
Public finance expert slams the proposed fuel levy increase as "regressive" because it will hit the poorest of the poor.
Pravin Gordhan stresses that government departments have to stretch their resources and fund their projects with their own cashflows.
There will be no tampering with the fuel levies to try to ease the pain of oil price increases, the Cabinet has decided.