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R300 billion in tax revenue disappears every year

The South African government misses out on R300 billion in tax revenue every year due to the illicit or shadow economy, which operates under SARS’ radar. This additional revenue could effectively eliminate the government’s full budget deficit in the current financial year. Sam BusaURL

Government wants to expropriate land for new gas plan

The Department of Electricity and Energy has unveiled its plans for South Africa’s new Gas Bill, which includes a proposal allowing the minister to expropriate land for gas facilities. Any expropriation must be done for a public purpose or in the interest of the public and in consultation with the minister responsible for the administration […]

National Treasury and Reserve Bank want to expropriate cryptocurrency in South Africa

South Africa’s National Treasury has published draft Capital Flow Management Regulations that would update the country’s Apartheid-era exchange control rules to crack down on people with cryptocurrency. Carel van Wyk, an industry leader, said Treasury had not given nearly enough time for public comment, while an advocacy group warned that the proposed rules raise “serious […]

Digital ID Book for South Africa — here are the proposed new rules

The Department of Home Affairs published draft amendments to South Africa’s identification regulations on Monday outlining the issuance of digital identity credentials to South Africans. This proposed digital ID will be an additional form of identity, established via biometric verification, and will be just as valid as a physical identity card or booklet. Sam BusaURL

1,540 businesses facing insolvency in South Africa

South Africa is expected to see business insolvencies reach 1,540 cases in 2026, and while this is a decline from the start of the decade, risks from the Iran War are extensive. This is according to Allianz Trade’s latest Insolvency Report, which examines non-payment risks for corporates in 2026 and 2027. Sam BusaURL

South Africa losing to one of its biggest competitors because of BEE

Global companies are looking to expand manufacturing outside South Africa, as policy uncertainty around BEE threatens to erode local capacity and drive investment away. South Africa was dealt another such blow recently, when international vehicle giant Nissan announced a $45 million (~R750 million) investment to expand manufacturing capacity in Egypt. Sam BusaURL

Over 370 businesses in South Africa shut down in just three months

Liquidations in South Africa saw another sharp spike in March, rising 8% month-on-month, following a 40% surge in February. According to the latest liquidation statistics from Stats SA, the country recorded 146 liquidations in March 2026, up from 135 the month before. Sam BusaURL

South African pensions being raided

South Africans are raiding their pension funds to survive the cost of living in South Africa, which experts say is a concerning trend that is likely to continue. According to the South African Reserve Bank, South Africa’s personal savings rate fell to -1.4% of disposable income in the fourth quarter of 2025, which is the […]