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The South African Reserve Bank (Sarb) is anticipated to maintain its current interest rate at 7.5% per annum on Thursday, as it takes a measured approach to assess the potential ramifications of an impending value-added tax (VAT) increase.This decision comes amidst predictions of rising consumer inflation, which is expected to…

By Dr. Rikus KloppersGoss’s wilt and leaf blight is caused by Clavibacter nebraskensis, a bacterium that derives its name from the fact that the disease was first noted in the US state of Nebraska in 1969. The bacterium is therefore neither new nor unknown and has also been around in South Africa for a long time, albeit in other guises, such as tomato wilt that is…

The e-commerce industry has become an unexpected and significant contender to the African market challenging traditional retail industries. The continent’s revenue generation is projected to reach $39.44 billion in 2025 with an annual growth rate of 8.49%. Financial projections for 2025 indicate the following e-commerce market values within African BRICS…

The annual consumer price inflation in South Africa showed resilience in February, remaining unchanged from January at 3.2%.This steady print represents the highest inflation level seen in four months, with inflationary pressures primarily stemming from increased production costs, according to Statistics South Africa (Stats SA) on Wednesday.Despite this uptick, the…

Innovation is the lifeblood of progress, and young South African entrepreneurs now have the chance to elevate their groundbreaking ideas to unprecedented heights through the newly launched Orange Corners Innovation Fund (OCIF) GROW programme. This remarkable initiative is positioned to provide essential funding, ranging from R200,000 to R1 million, specifically…

By Stefan Kritzinger South Africa’s political system entered further unprecedented territory on 19th February this year when, for the very first time in our 31-year-old democracy, the budget speech was postponed. This was a result of fundamental disagreement among parties within the GNU government over a proposed two per cent VAT increase by…

Although geopolitical events beyond our borders could derail our economy in ways we cannot fathom, there is room to be optimistic about South Africa’s residential property market. The national market has been in the doldrums (there have been regional exceptions, such as the Western Cape) ever since the post-Covid inflation surge…

By Sherry TapfumaOne of the key objectives of estate planning is to reduce estate duty liabilities, ensuring that more of your wealth is passed on to your loved ones. In South Africa, estate duty is 20% on estates up to R30 million and 25% on anything above that. However, the…

By Nicola MawsonAn ex-employee recently learnt the hard way that, by defrauding her former employer, she may not only have to face charges but could also lose all the contributions made into her pension fund – including the portion that would have formed part of her cost-to-company earnings.A recent decision…

By Tlamelo Ntabeni Recent high-profile corporate and accounting scandals, coupled with emerging regulations, both locally and globally, is accelerating the urgency with which asset managers integrate environmental, social, and governance (ESG) considerations. A decade ago, asset managers could generate risk-adjusted returns without focusing on ESG factors. Today, issues such as carbon…