Author: Malebogo Putu

The VAT return owed to the Gupta owned Oakbay company was paid to a third party account, and the chairperson of parliament standing committee on finance is not happy about that. The money was paid into the third party account following the closure of the Gupta owned bank accounts by South African Banks after allegations

22 February 2018 – Desiree Ellis has been appointed permanent head coach of the Sasol-sponsored Banyana Banyana with immediate effect. SAFA President, Dr Danny Jordaan made the announcement in Johannesburg on Thursday, 22 February 2018. “We are glad to announce the appointment of Desiree (Ellis) as Banyana Banyana coach; she fully deserves the appointment as she has come

Finance Minister Malusi Gigaba says R6 billion has been allocated towards drought relief and to augment public infrastructure investment. The announcement comes as efforts are underway to declare three provinces, particularly Cape Town in the Western Province, as national disaster areas. On Tuesday, the City of Cape Town announced that Day Zero – a day

Government will continue to support local companies to grow through a range of incentive packages, Finance Minister Malusi Gigaba said on Wednesday. “Government continues to support South African companies to grow and to become more competitive through incentives in the form of grants, loans and tax allowances,” said the Minister. Tabling his maiden Budget in the

Finance Minister Malusi Gigaba has announced an increase on excise duties that will leave smokers and drinkers with a hangover. Tabling his 2018 Budget Speech at the National Assembly on Wednesday, Minister Gigaba said alcohol and tobacco excise duties will increase between 6 and 10%. For malt beer, the current excise duty rate stands at

The National Health Insurance (NHI) has been allocated an additional R4.2 billion which will be funded through an amendment to the medical tax credit, Finance Minister Malusi Gigaba said on Wednesday. “Over the medium term, the NHI is allocated an additional R4.2 billion, funded through an amendment to the medical expenses tax subsidy. Overall, government will

Government will spend R57 billion on free higher education over the next three years, Finance Minister Malusi Gigaba said on Wednesday. Tabling the 2018 Budget in Parliament, Minister Gigaba said there was a reallocation in the spending framework. “The largest reallocation of resources towards government’s priorities was on higher education and training, amounting to additional

Finance Minister Malusi Gigaba’s Budget Speech has seen him make “difficult decisions” to address a revenue shortfall and to fund free higher education. An increase in value-added tax (VAT), fuel levy and a higher estate duty tax are just some of the things South Africans will be faced with this year. On the other hand,

Social Development Minister Bathabile Dlamini has disputed reports that the children who were found in a truck in Rustenburg en-route to Cape Town are being held in the country against their biological parents’ will. The department confirmed on Tuesday that Minister Dlamini has received court documents filed by the parents of the children, who were found

The 14 suspects arrested by the Hawks in the North West on Monday for alleged driver’s licence fraud are expected to appear in court this morning. The suspects, aged between 29 and 66, include seven traffic examiners, four driving school owners and three driving school instructors, provincial Hawks spokesperson, Captain Tlangelani Rikhotso, said. The suspects were