Tax
latest news & developmentsBudget: debt peaks but growth lags
The projected economic growth trajectory remains insufficient to address structural unemployment
Economists split on whether 2026 budget marks a real turning point
The growth outlook is insufficient to alter unemployment dynamics, some argued
South Africa to earmark R1.58 trillion towards social services
National treasury officials said the costing for the deployment of soldiers in crime-affected areas — as announced by President Cyril Ramaphosa, his Sona, had not yet been done
South Africa’s economy to grow by 1.6% in 2026 from 1.4% last year
Over the next three years, growth is projected to average 1.8% and reach 2% by 2028
G20, endorse a tax on the world’s ultra-rich to feed the world’s starving
A 0.3% tax would generate enough to secure life’s necessities for many tens of millions of the world’s most vulnerable
African tax awakening: Reclaiming our revenue, reclaiming our voice
The African Tax Administration Forum is a continental force — and it must lead Africa’s fiscal future
Reserve Bank likely to leave interest rates unchanged on Thursday
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
Budget 3.0 tentatively accepted by some political parties
The EFF criticises it as ‘unimaginative’ and not benefiting poorer South Africans, while the DA calls it a step towards ending ‘unchecked government spending’
Budget: Blanket refusal to consider additional revenue sources limits policy options
Budget choices must empower the poor and end socio-economic exclusion
R60bn shortfall: How the treasury can rethink its economic strategy
The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation
Simplifying tax laws will make it easier for citizens to comply
And the South African Revenue Service will benefit from higher levels of compliance by taxpayers
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
Tax Bracket Over-inflation: How the treasury is forfeiting R198bn a year
Tax bracket over-inflation has led to income inequality and less money for essential services
Hibarri CEO Anje Kruger says tax hikes will drive business owners out of South Africa!
Concerns are growing about a prospective tax increase that would put more burden on the nation’s economy, which was already in deficit at the start of the fiscal year.…
Cabinet spokesperson shoots down DA claims of Budget victory
The rand depreciated after the postponement of the budget speech to 12 March