We are a monthly newspaper featuring SME news in South Africa as well as in the region and globally. Dedicated totally to SMEs, we cover news, updates, and developments that are relevant to SMEs
Few pieces of legislation have drawn such fire as Minister of Trade and Industry Rob Davies’s Licensing of Businesses Bill – and with good reason. Contrary to some commentators’ view that it is a “useless” piece of legislation, it demands to be taken very seriously indeed. Add a comment
The SA Revenue Service (Sars) has acquired new powers to gather intelligence on taxpayers and collect revenue. People and companies, such as lawyers, estate agents and medical aid funds, now had a duty to automatically submit information about their clients to Sars, The Times reported.
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Employment Equity Commission names transformation leaders in carrot and stick approach. The Commission on Employment Equity this week named eight listed companies that had either surpassed or met their goals to transform. They are Tongaat Hulett, Old Mutual, SABMiller, Sasol, Truworths, Pick n Pay, MTN and SAA. Add a comment
SOUTH African chicken producers are taking up the fight against cheap imports again by asking for drastic increases in import duties. Add a comment
Multinationals based in SA - particularly in the mining, automotive, pharmaceutical and finance sectors - will need to pay special attention to taxes. The South African Revenue Service (Sars) said this week that it plans to increase its scrutiny of multinationals when it comes to tax compliance, particularly with regard to transfer pricing and double taxation, which it has identified as a problem. Add a comment
The decade-long price battle between the department of trade and industry and ArcelorMittal SA has moved front and centre in the fifth version of the Industrial Policy Action Plan (Ipap), which was released this week.
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IT IS unlikely there will be big tax increases in next week's budget, but after President Jacob Zuma's state of the nation address it seems that some upward adjustment in tax is possible in the near future.
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Paarl - Foreign nationals will no longer be able to own land in South Africa once government’s land policy is finalised and passed into law, Land Reform Minister Gugile Nkwinti said on Tuesday. Add a comment
Johannesburg - While the announcement of a hike in sin taxes is almost a given in Finance Minister Pravin Gordhan’s Budget speech later this month, a mooted tax on university graduates and an increase in the “rich tax” has caused a stir. Add a comment
