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Tag: Business Confidence

In latest clash, Nigeria hands SA’s MTN $2 billion tax bill

JOHANNESBURG - MTN Group faces a $2 billion demand for taxes in Nigeria, the latest in a series of skirmishes with authorities in the South African mobile phone company’s most lucrative but increasingly...

Business confidence hits lowest level in more than 20 years

After the finance minister debacle in December, unstable finance markets and an expect US interest rate hike, it is perhaps no surprise that the South African Business Confidence Index (BCI) fell...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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