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Cape Town ratepayers now paying more in municipal rates since start of July

Capetonians are having to further tighten their belts as new tariff increases from the City of Cape Town have taken effect from the 1st of July. The 2022/23 budget adopted by the...

Several businesses in Sea Point have begun withholding 50% of their rates payments in...

The affluent suburb of Sea Point in Cape Town has become a virtual 'war zone' according to one of the members of local organisation Concerned Residents of Atlantic Seaboard. Resident and business...

SA Reserve Bank keeps interest rates unchanged

The South African Reserve Bank (Sarb) governor Lesetja Kganyago has announced the latest decision on interest rates for the country. The decision follows the three-day meeting of the Sarb's Monetary Policy Committee...

Moody’s leaves South Africa hanging – here’s what to expect next

Ratings agency Moody’s has left the South African public hanging, with the group not publishing any ratings review, research report or note on the country’s credit status. Moody’s was expected to deliver...

Cape Town property owners could soon be paying higher rates and taxes

The City of Cape Town has opened its 2018 General Valuation Roll for public inspection. This roll will update the current municipal property values and will form the basis for calculating the new...

Eskom elaborates on its request for 15% increase

On Monday, Eskom shared the rationale for its average annual electricity increase application of 15% for three years under the fourth Multi-Year Price Determination (MYPD4) and Regulatory Clearing Account (RCA) balance...

Rates increases to hit Cape homeowners

Slurs, pillow-talk insults and heckling during a heated City of Cape Town council meeting didn’t stop the adoption of a budget with controversial new tariffs that will have residents digging deeper...

The highest income tax rates in the world – including South Africa

Economist Mike Schussler has broken down the weighty tax burden placed on individuals in South Africa, showing that we have one of the highest tax rates in the world. In...

Eskom reacts to 5.23% tariff hike

Eskom has expressed disappointment at the National Energy Regulator of South Africa's (Nersa) decision to only grant it a 5.23% tariff hike instead of the 19.9% increase it had asked for. ...

Why now is a good time to buy a home

Herschel Jawitz, the chief executive of Jawitz Properties, said he believed South Africa might have seen the shortest interest rate cutting cycle in South Africa’s history with the announcement that rates...

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Saldanha Green Hydrogen wants to pump its excess electricity into the...

By Larry Claasen Phelan Green Energy Group, which is developing a R47-billion green hydrogen project in Saldanha Bay is looking at ways to transfer the...

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