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Health Minister Aaron Motsoaledi says medical aids cost too much. Will tax alone be enough to pay for NHI? We look at the numbers. (GCIS)

Is tax alone enough to pay for the National Health Insurance?

The NHI Act says funding healthcare for all should come from tax but economic growth is in a vice and many people are without jobs

The vice-president of the US, Kamala Harris. (Photo by Anna Moneymaker/Getty Images)

Gaza and the US elections: Harris is a flawed but better alternative to Trump

Ultimately, a vote for Harris is a vote against the extremism and corruption of Trump, but it is not necessarily a vote for a more just or ethical foreign policy

Finance Minister Enoch Godongwana. (Photo: Mlungisi Louw/Gallo Images)

Budget 2024: Jury’s still out on tax hikes

The budget is expected to lay out plans to raise R15bn in revenue, amid a commodity-induced slump This content is restricted to registered users and subscribers. Get Your Free…

Piggy bank

Mid-term budget: Tax hikes on the horizon

Increases will be announced in the new year to raise an additional R15 billion in revenue

As modern life becomes more complex, the size of civil services grows — and so does the wage bill

Whiskey, car keys, teenage boys … and taxes

As modern life becomes more complex, the size of civil services grows — and so does the wage bill

Finance minister Enoch Godongwana.(Brenton Geach/Gallo Images via Getty Images)

Can harsh fiscal trade-offs still improve agency and social cohesion for South Africans?

This year’s budget will be a balancing act, but the treasury needs to prioritise restoring South Africans economic agency

Finance minister Enoch Godongwana.
(Photo by Jeffrey Abrahams/Gallo Images via Getty Images)

Long wishlist for Godongwana ahead of Wednesday budget speech

Political parties and trade unions are asking the finance minister to address the growing national debt crisis and to extend the R350 grant

SAB, alcohol industry ask government for reduced excise taxes

Applying above-inflation increases in excise is beneficial neither to government nor the beer industry, says South African Breweries

The World Bank has said that it’s in South Afica’s best interest to move from coal to renewables. (Photographer: Waldo Swiegers/Bloomberg via Getty Images)

Energy subsidies tripled since 2017, hitting R172-billion in 2020

The social costs of fossil fuel combustion are about R550-billion a year, according to a new report

Top South African companies trip up in Nigeria

Local firms have struggled to adapt to the regulatory environment and the dynamics of an unpredictable market

Solidarity: On a pavement in Cali, candles spell out the words “for our dead” during a vigil on 5 May in honour of the demonstrators who died during protests against the government. The current death toll is at least 45 people. Photo: Luis Robayo/AFP

#SOSColombia: Remember Sharpeville?

The Colombian government’s violent repression of political dissent is dangerous

Budget: Mboweni pegs recovery hopes on vaccine efficacy, lower public wage increases

The treasury forecasts 3.3% growth, but warns this will fall to 1.6% if the fledgeling vaccination programme fails to stem successive Covid waves

The budget-balancing act takes centre stage

Finance Minister Tito Mboweni has the difficult task of kick-starting a stalled economy while also cutting on spending

Funding a vaccine will tax our limits

VAT should not be hiked, but a once-off levy on mineral resources or a solidarity tax seems likely

Borderless businesses empty nations’ coffers

Countries such as Australia, Germany and the UK are pushing back against the tax practices of global giants such as Google and Facebook

Soldiers stop a vehicle for checks in the Kaduna metropolis in northern Nigeria.

Why some anti-corruption campaigns make people more likely to pay a bribe

The reason may be that the messages reinforce popular perceptions that corruption is pervasive and insurmountable. In doing so, they encourage apathy and acceptance rather than…

Leaked documents and an affidavit from a whistleblower working at a major Western fishing company operating in African waters have given rare insight into how food multinationals can shift profits around the world to avoid paying taxes in developing countries.

A fishy business: How an Icelandic multinational moved profits out of Namibia

Global food companies avoid paying taxes by shifting profits around the world. Finance Uncovered reports on the case of Icelandic fishing giant Samherji’s operations in Namibia

Urgent action is required to address the constraints to South Africa’s power system and to reduce the usage of the diesel-fired turbines, the council said.
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An emergency budget needs bold decisions, including a bigger public sector

Choosing this path would create work for many while also building the infrastructure that the country needs

Sars commissioner Edward Kieswetter aid the weakening of the revenue institution has affected its ability to collect tax adequately. (David Harrison/M&G)

Sars expects to collect less revenue for the year

The revenue service is expecting another year of tax undercollection thanks to weak economic growth and strained consumers.

In 2024, global coal consumption reached a record high, with commercial banks investing more than $130 billion across Asia, the US and Europe.. (Paul Botes)

The high price of coal connections

Eskom is spending R4.5m more on coal each day because of contracts that are lucrative for certain producers