In November 2024, Treasury published a review document titled Taxation of Alcoholic Beverages.
The initiative is intended to act as a catalyst for interventions to create jobs.
Sectors that have benefited most include citrus, nuts, wine, dairy, table grapes, fruit juice, industrial alcohol and sugar.
Energy, particularly renewable solutions, will be a central theme of the mission.
Attempts to implement 2% VAT increase boomerangs, exposing fiscal differences in the GNU.
If more minerals were processed locally before export, the industry could contribute 50–60% of exports.
“I expect the African private sector to start planning to develop an African shipping line.” – AU trade commissioner.
The country needs an estimated R450 billion to expand transmission lines by some 14 000 km.
Economic growth forecast is encouraging but budget deficit and debt remain big concerns.
Crucial decisions over rules of origin hamper finalisation of sensitive tariff classes.
President Ramaphosa has reaffirmed South Africa's commitment to its foreign policy, rejecting external pressures.
The organisation has asked what the government is doing to confront organised criminal syndicates plaguing mining, construction and logistics.
