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Monday , February 18 2019
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DA welcomes a commission of inquiry into Sars

Democratic Alliance has welcomed Finance Minister Malusi Gigaba’s announcement on Tuesday that President Jacob Zuma will appoint a Commission of Inquiry to investigate alleged contraventions and maladministration at the South African Revenue Service (Sars). DA Shadow Deputy Minister of Finance Alf Lees said although issues were not new and that they …

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SAA in talks about strategic equity partner

South African Airways (SAA) is looking at getting a strategic equity partner to provide capital for the airline, says Finance Minister Malusi Gigaba. “We will continue to have discussions about the strategic equity partner for SAA because ultimately we are going to need not only private sector capital but also …

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An Estate Agent or Private?

The internet has disrupted the property market and there are more options than ever for buyers and sellers alike. So, we ask the critical question – is it better to find or sell your home yourself? Or should you use an agent? Answering the questions below may help you decide. …

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SARS tax administration inquiry to be established

A Commission of Inquiry into the tax administration and governance of the South African Revenue Service (SARS) will soon be established. “It is critical for government to determine the cause of the tax revenue under-collection in order to enable government to take urgent remedial steps to ensure that SARS is …

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Trade Unions and employers to get briefings on a new minimum wage, BCEA and LRA

The Department of Labour is planning to host a series of sessions country wide to brief trade unions and employers on the implementation of the long-awaited new national minimum wage. The new national minimum wage policy will be implementation from May 1, 2018. A key objective of the briefing sessions …

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Road safety not negotiable, obey the law

Transport Minister Joe Maswanganyi has called on all South Africans, motorists and pedestrians to be cautious when using the road. The Minister has directed law enforcement officers to arrest all transgressors indiscriminately. Minister Maswanganyi has reminded all South Africans that road safety is not negotiable and that it is everyone’s …

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National Treasury hiding the true cost of SAA renewed loans

The National Treasury appears to be attempting to hide the true cost of South African Airways (SAA) latest bailout with its response to the Democratic Alliance’s (DA)  for details of interest rates charged on renewed loans to SAA, DA Shadow Deputy Minister of Finance  Alf Lees said in a statement …

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Parliament Standing Committee on Finance is requesting a copy of the disciplinary enquiry report on Makwakwa

Parliament Standing Committee on Finance has requested a copy of disciplinary enquiry report on South African Revenue Services (Sars) employees Jonas Makwakwa and Kelly-Anne Elskie whose suspensions which lasted for a year was recently lifted. On September 15, 2016 Financial Intelligence Centre had alerted Sars Commissioner Tom Moyane that Makwakwa …

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Ford’s Ranger Raptor to be produced in South Africa

The Ford Motor Company says the first-ever Ford Ranger Raptor will be produced in South Africa when it hits the market in 2019. Local assembly of the Ranger Raptor will take place at Ford’s Silverton assembly plant in Pretoria. It will also coincide with the introduction of an updated Ranger …

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DA to report Gupta’s Bank of Baroda accounts to Indian Reserve Bank

The Democratic Alliance says it will write to the Governor of the Reserve Bank of India (RBI), Urjit Patel, in terms of Section 36 of the Banking Regulation Act of India to report the Guptas’ accounts with the Bank of Baroda. DA Shadow Minister of Public Enterprises Natasha Mazzone said …

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