by Ciaran Ryan | Oct 16, 2024 | Uncategorized
And that’s a problem … From Moneyweb. The country needs to start addressing the potential for intangibles to accelerate economic growth, as is happening elsewhere in the world. Image: Dean Mouhtaropoulos/Getty Images SA’s value of intangible assets has remained more...
by Ciaran Ryan | Oct 16, 2024 | Uncategorized
Despite five consecutive months of lower prices, taxpayers should be paying a lot less than R20 a litre, says minister at Africa Oil Week conference. From Moneyweb. The minister’s statement is welcome – fuel at R14 a litre ‘would be amazing’ – but vague on...
by Ciaran Ryan | Oct 16, 2024 | Uncategorized
A precedent was set earlier this year when the Reserve Bank went after the assets of the late Markus Jooste’s lover. Since then, it has been on a roll. From Moneyweb. The Sarb is taking no prisoners when it comes to exchange control violations. Image: Waldo...
by Ciaran Ryan | Oct 16, 2024 | Uncategorized
Once done with its restructuring, it will be predominantly a copper producer. From Moneyweb. Anglo says it remains committed to SA, which will account for a third of its profits post-restructuring. Image: Waldo Swiegers/Bloomberg Anglo American successfully fought off...
by Ciaran Ryan | Oct 3, 2024 | Uncategorized
Boosted by a weaker exchange rate and sharply higher gold prices. From Moneyweb. Small movements in the gold price translate into relatively large profit gains for SA gold miners, given their relatively fixed cost base. Gold was the stand-out performer on the JSE over...
by Ciaran Ryan | Oct 2, 2024 | Uncategorized
The collaboration between government and business is bearing fruit, but the next targets are well beyond what most economists forecast. From Moneyweb. President Cyril Ramaphosa – raising ‘our gaze to aim for much higher goals’ with actions that are ‘focused, practical...
by Ciaran Ryan | Oct 2, 2024 | Uncategorized
The National Prosecuting Authority has been the victim of relentless political interference. It’s in need of a makeover. From Moneyweb. The Scorpions were killed off, the Hawks have blunt talons, and SA urgently needs a reconstructed NPA independent of state control....
by Ciaran Ryan | Sep 28, 2024 | Uncategorized
Revenue service attempted to surveil factories as a way to halt tax leakage. From Moneyweb. Tobacco firms say there are less intrusive ways for Sars to monitor the industry and collect taxes due to it. Image: AdobeStock The South African Revenue Service (Sars) has...
by Ciaran Ryan | Sep 28, 2024 | Uncategorized
He arrived back in SA from the UK under police escort to face criminal charges related to the award of a corrupt tender for Kusile Power Station. From Moneyweb. It is thought former Eskom contractor Mike Lomas, pictured at OR Tambo International Airport on Friday, may...
by Ciaran Ryan | Sep 28, 2024 | Uncategorized
Does it still have a role to play? Research shows it is being undermined by government, business and labour. From Moneyweb. As the government of national unity navigates the differences and sectoral interests of different constituencies it might benefit from having...