South Africans who have ceased their tax residency are being hit with unexpected tax bills as the South African Revenue Service (SARS) revisits past assessments to apply complex split-year tax rules that many expats never knew...
Running a business in South Africa is becoming increasingly difficult as companies contend with a sluggish economy, mounting regulatory requirements, skills shortages, and the failures of state institutions. This is according to Efficient Group chief economist...
Investec chief economist Annabel Bishop sees the rand averaging R15.90 to the United States dollar in the fourth quarter of 2026, as the currency has held up well against shocks from the Middle East war. In...
South Africa’s economy may have surprised on the upside in the first quarter of 2026, but the impacts of the Iran War are only likely to be felt in upcoming economic data releases. The nation’s GDP...
South Africa’s central bank suggested another interest-rate increase could be warranted this year because of the fallout from the Iran war, while highlighting risks the conflict poses to financial stability. “The South African Reserve Bank’s Quarterly...
South African employers are facing a major payroll compliance crackdown as SARS ramps up audits, data-driven enforcement, and scrutiny of fringe benefits, travel allowances, fuel cards and other common payroll practices. This follows the appointment of...
Business groups say the collapse of Johannesburg is a national economic emergency that needs to be urgently resolved. In an open statement appealing to President Cyril Ramaphosa, the national government and political parties, major business groups...
South African motorists filling up with petrol from 3 June 2026 will be paying the highest price on record for the fuel. While the short-term driver behind the elevated petrol price has been the conflict in...
Investigations reveal undocumented migrants working on municipal outsourcing contracts The government is facing mounting pressure to accelerate the passage of the Employment Services Amendment Bill and the Draft National Labour Migration Policy amid intensifying protests over...
South Africans selling Krugerrands without proper supporting documentation could face disputes with the South African Revenue Service (SARS) and potentially unfavourable tax outcomes as the agency tightens its verification processes. This warning comes from Tax Consulting...
Relations between Pretoria and Washington sank to a new low on Friday after a US government department accused SA of failing its people, while politicians get richer and more citizens look overseas for a better future....
South Africa is facing growing tensions over illegal immigration, with civil society organisations and community groups warning that the country could see further unrest if the situation is not brought under control. The concern follows a...
