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Cape Town
Wednesday, December 11, 2019

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Tag: Revenue

Cape Town Stadium loses revenue

Cape Town Stadium in Green Point, which was created for the 2010 soccer World Cup and has a crowd capacity of 18 000, is no longer generating sufficient income to reach...

SA loses R6bn in revenue to illicit alcohol trade

The South African economy suffered a fiscal loss of R6.4-billion in 2017 due to illicit alcohol activities, SAB revealed on Thursday. Speaking at the discussion held in Sandton, Johannesburg Associate...

EFF to introduce private bill to combat ‘aggressive tax avoidance’ by multinationals

The EFF is working on a private member's bill that it says will eliminate legal loopholes and grey areas that allow multinational corporations to avoid paying billions in tax.  This...

Life Healthcare expects revenue to surge up to 18.5%

Life Healthcare shares shot up 2.45% in early trade on the JSE on Monday after the group said it expected its revenue to increase by between 16.5% and 18.5% in the...

SA gambling revenue forecast to hit R35bn in 2021

South Africa’s gross gambling revenues (GGRs) are forecast to increase from last year’s R27 billion to R35bn in 2021 or a 5.1 percent compound annual increase.     This according to auditing...

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Substantial cost savings achieved as Konecranes upgrades old Wolff Crane

A 35 T/15 T Wolff Crane, that was installed in a local metal plant in 1989, was recently upgraded by Konecranes. The modernisation of...

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