Newsroom

Newsroom

SARS Adjusts Policies Following VAT Increase Withdrawal

Fueling Justice: South Africa Cracks Down on Diesel Crime Syndicates

The South African Revenue Service (SARS) has announced comprehensive measures to accommodate the withdrawal of the 0.5% VAT increase. This decision, introduced by Finance Minister Enoch Godongwana through the Rates and Monetary Amounts and Amendment of Revenue Laws Bill (Rates…

Rio Tinto $8.4B Investment Drives World Economic Growth

Rio Tinto $8.4B Investment Drives World Economic Growth

Rio Tinto 2024 Taxes and Royalties Paid Report is the company’s $8.4 billion payment to governments worldwide in taxes and royalties during 2024, down from $8.5 billion in 2023. Industry behemoth paid up to $6.3 billion (A$9.5 billion) in Australia alone, of which $3.7 billion (A$5.5 billion) was company tax. …

Kusile Unit 6 Gives South Africa Hope Boost

South Africa’s Electricity Output Falls, Market Ripples Spread

There is something to be happy about in a milestone of victory for South Africans because Eskom put the sixth unit of the Kusile Power Station on the country’s national grid on Sunday at 4:45 pm. The victory is taking…