Fidelity Services, South Africa’s largest private security provider, is preparing for potential social unrest surrounding the anti-immigration protest scheduled for 30 June. The company said in a statement that it is activating contingency measures and is...
South Africa will deploy more police this week to deter possible violence before a June 30 deadline set by protest groups for foreigners to leave the country. “There has been mobilisation around this issue over a...
It is becoming harder for South Africans abroad to stop being South African taxpayers, as SARS increases scrutiny of tax emigration applications and demands stronger proof that taxpayers genuinely qualify as non-residents. Tax Consulting South Africa’s...
South African households are set to experience some financial pain in the coming months as the Reserve Bank fights to get inflation back to its 3% target. This marks a stark difference from the easing pressure...
South Africa has become a hostile place for undocumented migrants, as a deadline set by protesters for them to leave the country approaches. “I am very scared and traumatised,” Esnat Joseph, a 36-year-old Malawian woman, told...
Minister in the Presidency Khumbudzo Ntshavheni has admitted that the South African government cannot create employment. Instead, the government can only create opportunities for economic development and growth, which lead to job creation by companies. Sam...
South Africa?s youth are increasingly denied formal lines of credit amid heightened unemployment, leading to many resorting to illegal lenders. Statistics South Africa?s latest figures for the first quarter reveal that youth unemployment exceeds 40%, highlighting...
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...
