South Africa

Pretoria-South Africa is encouraged by the Group of Twenty's (G20) commitment to an Action Plan for growth and jobs, says President Jacob Zuma.

Cape Town – Minister of Finance Pravin Gordhan has proposed further tax relief for small businesses, including an increase in the monetary thresholds of Graduated Tax for Small Business Corporations, which translates to R360 million in tax relief to small firms.

Pretoria - Hosting the Square Kilometre Array (SKA) telescope in South Africa will boost the development of high level skills and cutting edge technology infrastructure, says President Jacob Zuma.

Pretoria - Hosting the Square Kilometre Array (SKA) telescope in South Africa will boost the development of high level skills and cutting edge technology infrastructure, says President Jacob Zuma.

Cape Town – In a bid to encourage South Africans to save more, the Minister of Finance Pravin Gordhan, has announced plans to introduce tax-preferred savings and investment accounts in 2015.

Cape Town – The process to set up a chief procurement office in the National Treasury has begun, the Minister of Finance Pravin Gordhan said today, adding that he expects to announce the name of the chief procurement officer soon.

Cape Town – Financing of R827 billion on infrastructure projects over the next three years, to be drawn from the fiscus and state-owned enterprises, is in place, the Minister of Finance Pravin Gordhan said today.

Cape Town – The Minister of Finance Pravin Gordhan today announced plans to introduce the long-awaited carbon tax on 1 January 2015.

Cape Town – Foreign companies that are based in South Africa and that are keen on investing in countries outside of Africa – including in Bric (Brazil, Russia, India and China) members, will be able to benefit from relaxed cross-border financial regulations and tax requirements, the Minister of Finance Pravin Gordhan announced today.

Pretoria - South Africa and the Governments of Germany and Southern Sudan have entered into a tri-lateral partnership to train correctional services officers, judges and legal affairs personnel in Southern Sudan.

Piet Retief- President Jacob Zuma has urged emerging farmers in Piet Retief, Mpumalanga, to use their farms to create jobs and alleviate poverty.

Pretoria - With less than two weeks before the start of the supplementary exams, the Gauteng Department of Education is holding free preparatory classes.

The National Treasury is investigating 76 business entities with contracts worth R8.4 billion believed to have infringed procurement rules, Finance Minister Pravin Gordhan said.

Muldersdrift – The interventions put in place to curb the high rate of crime in Muldersdrift are starting to yield positive results, with the number of cases reported in the area declining.

Cape Town – Smokers can expect to pay 60 cents more for a packet of cigarettes, while consumers will pay R1.08 more for a can of beer.