Home Affairs changes its opening hours, and US Secret Service helps take down a South African cybercriminal
The rand was under pressure in early trade on Wednesday as higher oil prices fuelled inflation concerns, while the US Federal Reserve held interest rates steady. The Fed opted to delay any changes to borrowing costs until after next week’s US midterm elections while it awaits further data on inflation, which the central bank said […]
Finance Minister Enoch Godongwana warns about higher taxes in South Africa
Finance Minister Enoch Godongwana has warned the government that South Africa’s tax burden is at an uncomfortably high level. Godongwana explained that if the government were to try to raise taxes further or squeeze taxpayers much harder, the result would likely be lower revenue rather than more. Sam BusaURL
Ramaphosa deploys troops in South Africa
South Africa will deploy troops in KwaZulu-Natal to ensure security in a province that has witnessed incidents of anti-immigrant violence, as the country prepares for municipal elections next week. President Cyril Ramaphosa ordered 510 troops to remain in the province through the end of next month, his office said in a statement on Tuesday. […]