Data released by Absa reflects a significant rise in the value of online transactions in 2024.
The budget carefully managed the strategic dance between maintaining fiscal responsibility and allocating resources with precision.
Average container spot freight rates registered the highest-ever weekly increase of $500 in the last week of December.
Investors will be able to claim back funds for money spent on electric and hydrogen powered vehicles.
Finance Minister Enoch Godongwana says most of the R15bn additional revenue needed will be collected from personal income taxpayers.
Neighbouring countries do not impose these taxes, making fuel cheaper there than in South Africa, which supplies them, says the AA.
The constrained financial climate and rising debt servicing costs are putting the budget under pressure.
Last year’s Q4 volume moved to the Port of Saldanha decreased by 19% because of TFR.
Tax collection efforts bear fruit as they outperform the regional average.
Gauteng premier promises to announce more jobs.
The cost of fuel is fast crossing the 50% mark in daily transport operating costs for some businesses.
Higher global oil prices and a weaker rand are contributing to the likelihood of a further price hike.
The ANC is imperilling SA’s good relationship with the US by siding with autocratic governments – IRR.
