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South Africa

Weather service warns of heavy rain

Wednesday, February 22, 2023

The South African Weather Service (SAWS) has warned of the possibility of heavy rainfall, which may result in widespread significant flooding in Limpopo and Mpumalanga.

Govt invests in effective freight system

Wednesday, February 22, 2023

If South Africa is to have a reliable, cost-effective and safe freight system, port and rail infrastructure will require large-scale investment, National Treasury has warned.

Government to accelerate infrastructure spend

Wednesday, February 22, 2023

Government spending on infrastructure is expected to reach some R903 billion over the next three years with state owned companies contributing the lion’s share to this investment.

Budget to address health backlogs, infrastructure

Wednesday, February 22, 2023

The National Treasury’s budget documentation indicates that government will allocate at least R809.4 billion to health to support the provision of and equitable access to healthcare services over the Medium Term Expenditure Framework (MTEF) period of three years.

Inflation-linked sin tax increases

Wednesday, February 22, 2023

Consumers of alcoholic beverages and tobacco products will from 1 April 2023 have to dig deeper into their products to indulge in their favourite brands.

Tax brackets to be adjusted

Wednesday, February 22, 2023

The 2023/24 tax brackets will be adjusted in line with the expected inflation rate of 4.9%, says Finance Minister Enoch Godongwana.