A committee set up to review South Africa's tax system on Tuesday launched a public debate on one of the most controversial possible moves on its agenda - a wealth tax.
Nedbank and Standard Bank have joined FNB in cutting their growth forecasts for SA‚ citing rising concern that business confidence and investment will not pick up.
The Industrial Development Corporation (IDC) has granted a total of R2.3bn in the form of loans and R562m as equity financing to black industrialists‚ Economic Development Minister Ebrahim Patel said Monday.
The rand was firmer against the dollar on Monday morning‚ breaking through the critical R13 level on a softer dollar.
Finance Minister Malusi Gigaba's economic adviser Professor Chris Malikane believes the government should introduce a raft of changes to achieve economic transformation.
Ford Kuga sales have tanked but the iconic US brand has held its market share on other models.