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   South Africa: Social Compact to Strengthen Economic Recovery
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Government will build a social compact with business and labour to strengthen the recovery of South Africa’s economy. In the 2018 Budget Review, released following Finance Minister Malusi Gigaba’s tabling of the national Budget, National Treasury said progress has been made in government’s 14 Confidence Boosting measures that were announced by the Minister in July 2017.
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Funds Allocated for Census 2021
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Government has made additional allocations to Statistics South Africa (Stats SA) to finance the 2021 Census. “Additional allocations of R37.1 million in 2018/19, R145.3 million in 2019/20 and R855 million in 2020/21 have been made to Statistics South Africa for the 2021 Census,” said the 2018 Budget Review document. This as Finance Minister Malusi Gigaba tabled the 2018 Budget in the National As ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: VAT Act to be amended to Exclude Low GI and Rye Bread
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Households who consume finer items of the food basket like rye and low GI bread will from 1 April need to dig deeper into their pockets. National Treasury has proposed that the VAT Act be amended to exclude low GI and rye bread, which is usually consumed by wealthier individuals, to be removed from VAT exempted goods. South Africa’s VAT system includes 19 basic food items that are zero-rated. Th ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: A Directive to All Government Department and Public Institutions
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: National Treasury will issue a directive to all government departments and public institutions instructing them to pay suppliers within 30 days, Finance Minister Malusi Gigaba said on Wednesday. “Next week, the Director General of National Treasury [Dondo Mogojane] will issue a directive to all government departments and public institutions, instructing them to pay suppliers on time, or be charge ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: An Increase on Excise Duties
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Finance Minister Malusi Gigaba has announced an increase on excise duties that will leave smokers and drinkers with a hangover. Tabling his 2018 Budget Speech at the National Assembly on Wednesday, Minister Gigaba said alcohol and tobacco excise duties will increase between 6 and 10%. For malt beer, the current excise duty rate stands at R86.39 per litre of absolute alcohol, or 146.9 cents per a ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa:Steps being taken to Curb Illicit Financial Flows
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Finance Minister Malusi Gigaba said the National Treasury, in close cooperation with the Reserve Bank, the Financial Intelligence Centre and the South African Revenue Service, is taking several steps to detect, disrupt and deter illicit financial flows. The Minister said this when he tabled the 2018 Budget Speech in the National Assembly on Wednesday. Dealing with illicit financial flows has bec ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: The National Health Insurance (NHI) Gets Extra R4.2 Billion
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: The National Health Insurance (NHI) has been allocated an additional R4.2 billion which will be funded through an amendment to the medical tax credit, Finance Minister Malusi Gigaba said on Wednesday. “Over the medium term, the NHI is allocated an additional R4.2 billion, funded through an amendment to the medical expenses tax subsidy. Overall, government will be spending R205 billion on health i ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: R6 Billion Allocated towards Drought Relief
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Finance Minister Malusi Gigaba says R6 billion has been allocated towards drought relief and to augment public infrastructure investment. The announcement comes as efforts are underway to declare three provinces, particularly Cape Town in the Western Province, as national disaster areas. On Tuesday, the City of Cape Town announced that Day Zero – a day when taps will be closed – has been moved t ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Incentives to Support Local Business
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: Government will continue to support local companies to grow through a range of incentive packages, Finance Minister Malusi Gigaba said on Wednesday. “Government continues to support South African companies to grow and to become more competitive through incentives in the form of grants, loans and tax allowances,” said the Minister. Tabling his maiden Budget in the National Assembly, Minister Giga ... Read More
1 Views | Rated 0.0 | Created On : Feb 22, 2018
   South Africa: Optimism Returns to SA Economy
Source: www.sanews.gov.za
Source Date: Thursday, February 22, 2018
Focus: Knowledge Management in Government
Summary: While many challenges still remain, there is a sense of optimism about the South African economy going into the future, Finance Minister Malusi Gigaba said on Wednesday. “We stand before you with a profound sense of optimism, purpose and resolve,” said Minister Gigaba as he tabled his maiden Budget Speech in the National Assembly. The Minister’s comments echoed National Treasury’s 2018 Budget Re ... Read More
0 Views | Rated 0.0 | Created On : Feb 22, 2018
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