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Day: February 21, 2024

Reforms to support public infrastructure investment

Government is introducing fundamental and far-reaching reforms to infrastructure financing and delivery in an effort to optimise the infrastructure value chain to be effective and efficient.

‘In this way, we will strengthen the public investment mana…

Government to introduce global minimum corporate tax

Over the next few years, government plans to implement a global minimum corporate tax to limit the negative effects of tax competition.

‘Multinational corporations with annual revenue exceeding pound 750 million will be subject to an effective tax ra…

Social grants to increase in 2024

Social grants are expected to increase to keep in line with inflation and increase access for those who are eligible.

This does not include the Social Relief of Distress Grant (SRD Grant) also known as the R350 grant.

This was announced by Finance M…

Government announces implementation of new retirement reforms

New retirement reforms that will allow access to a portion of one’s retirement savings before retirement will be effective from 1 September 2024, says Finance Minister Enoch Godongwana.

‘Progress has been made on the two-pot retirement system since I…

Bodies of soldiers who died in the DRC return home

The South African National Defence Force (SANDF) will on Wednesday repatriate and officially hand over the mortal remains of Captain Simon Mkhulu Bobe and Lance Corporal Irven Thabang Semono to their families.

Bobe and Semono were killed and three of…

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