Latest Financial News

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17Mar 2020

We are a successful audit firm based in the Northern Suburbs and currently have SAICA training contracts available for immediate and future intake. These contracts are for individuals aiming to qualify as a Chartered Accountant (SA). Our offer includes the following: Pleasant working environment; Exposure to a variety of industries and clients; Experience in the […]

28Feb 2020

“The Aloe Ferox survives and thrives when times are tough. It actually prefers less water. It wins even when it seems the odds are against it. “     Tito Mboweni  In a surprise move Minister Mboweni made no dramatic tax proposals to balance the books. In fact a number of proposals will actually reduce personal income […]

28Feb 2020

Increasingly, governments and businesses recognise that the world faces a climate crisis, and acknowledge the need for partnerships to limit global warming to below 1.5 degrees Celsius. As the Paris Agreement becomes operational in 2020, signatories will submit revised nationally determined contribution commitments to mitigate climate change. A range of legislation and policies are being […]

28Feb 2020

To promote economic growth, government intends to restructure the corporate income tax system over the medium term by broadening the base and reducing the rate. Broadening the base will involve minimising tax incentives, and introducing new interest deduction and assessed loss limitations. Rate reductions will be implemented in a revenue-neutral manner. Government has broadened the […]

28Feb 2020

Revenue for 2019/20 is now R63.3 billion lower than the estimate at the time of the 2019 Budget. This under-collection exceeds that of 2009/10, in the immediate aftermath of the global financial crisis. The shortfall is a consequence of weakening economic growth, and largely matches the lower GDP growth forecast. Over the past five years, […]

02Feb 2020

South Africa will be holding its breath at 14h00 Wednesday 26th February 2020 as Minister Mboweni presents his Budget for the 2021 financial year. There literally can only be bad news as the whole country is going to be affected by whatever reforms will be announced, but without these reforms South Africa will undoubtedly fail, […]