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Tag: debt

Tax on booze, fuel & cigarettes hiked while income tax stays put

The 2021 annual budget speech by the finance minister took place in Cape Town on February 24 2021. All eyes were on Tito Mboweni as South Africans were looking forward to...

Craft brewers battling to survive blanket ban on alcohol

According to a survey conducted by The Craft Brewers Association of South Africa (CBASA), the vast majority of local craft brewers don't see themselves surviving the third alcohol ban. The poll was...

Sasol ease its debt burden in $2bn deal

LYONDELLBASELL and Sasol have announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton...

South Africa’s budget deficit, debt seen widening as virus hits economy

South Africa’s budget deficit is projected to widen sharply while debt is seen ballooning significantly, the Treasury said on Wednesday, as the COVID-19 pandemic further stifles the recession-hit economy. In a supplementary budget in response...

How to stretch your Rands and cents in these trying times

The current economic environment coupled with further challenges of income instability that COVID-19 brings requires consumers to cultivate good money management habits, focus on essentials, curb unnecessary spending and pay of...

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Technologies that may one day replace the password

Passwords are a pain point for nearly anyone who uses a PC or a smartphone. We need to remember numerous passwords and login details...

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