No wealth tax, but trustees beware …
Despite speculations that Government has revived plans to introduce a wealth tax, SARS’ focus has instead shifted to compliance of wealthy taxpayers with complex financial structures as well as trusts. By Elzahne Henn, director and head of private clients at Mazars in...
The rising cost of education …
Back to school in 2023 dealt many parents a hard financial blow as governing bodies at South African schools estimated fee hikes between 4% and 6% for 2023. With the current state of the economy, many parents were faced with the conundrum of whether or not they will...
Sunday road closures in Joburg
The MTN Walk the Talk with 702 will see a number of roads closed in Johannesburg this Sunday (28 July). The 25km walk will see a number of new roads closed, along with roads affected in previous years. The closures will take effect about 30 minutes before each walk...
Sexting drives complex psychological issues
Young people who engage in "sexting" - the digital exchange of personal sexual messages and images - are considered at risk of potentially irreparable psychological, social and reputational harm, particularly if their images are "leaked" and made public. In addition,...
Take-home pay increases in June
Take-home pay reached its highest peak in 10 months in June, and beat inflation for the third time. According to the monthly BankservAfrica Take-home Pay Index, the likelihood of inflation remaining at low levels brings further good news for the short-term by helping...
Commercial investment informs military development
Research and development (R&D) in the defence industry is undergoing a paradigm shift. Previously, R&D was driven by military investment, but it is now driven by civilian investment, according to Frost and Sullivan research. This affects how technologies are...
Vodacom shows quarterly revenue growth
Vodacom has announced revenue growth of 4,2% to R21,5-billion for the quarter ended 30 June, with service revenue up 3,9% to R17,4-billion. The group added 608 000 customers in South Africa in the quarter, with 522 000 added in prepaid and an 8,9% growth in the...
Microsoft hosts Office 365 in local data centres
Microsoft South Africa is making Office 365 services available from its South African data centre regions from today. "Office 365 has for years been providing the foundation of digital transformation for South African businesses," says Lillian Barnard, MD of Microsoft...
Business of Gaming Forum to run alongside Comic Con
The Business of Gaming Forum, exploring the growth an investment potential of this sector, will be held alongside Comic Con Africa at Gallagher Convention Centre in September. The digital video gaming sector is one of the biggest success stories in the South African...
Inflation unchanged in June at 4,5%
Statistics South Africa (Stats SA) reported on July 24 that consumer price inflation was stable at 4,5% year-on-year (y-o-y) in June. This was in line with economists' expectations and spot on the middle of the South African Reserve Bank (SARB) target range of 3%-6%,...
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