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November has seen a downturn of new vehicle sales in the South African market Photo: Image Supplied After a strong month for domestic new vehicle sales in October, with 51 978 vehicles sold, November has shown a marked decline in month-to-month and year-on-year sales. In November 2019, 44 738 new vehicles were …

Photo: wikimedia.commons The Vapour Products Association of South Africa has written an open letter to Finance Minister Tito Mboweni, urging him not to impose excise duty on vaping products in the upcoming National Budget. According to the association, this would have a detrimental impact on the small- and medium-sized businesses …

Image via Adobe Stock The rand report is brought to you by Sable International Yesterday, we saw a massive sell-off in the stock markets and all risk assets, as fears of the coronavirus spreading faster and further than anticipated made investors reconsider their positioning. This came after the number of cases …

Image: Supplied Tito Mboweni doesn’t have an easy job, we can tell you that much. As the messenger between an exhausted Treasury and a gatvol public, the finance minister won’t be winning any popularity contests this week: He will deliver the budget speech for 2020 on Wednesday, and some forecasts …

Photo: sashares.co.za It’s certainly not the Budget eve present that Finance Minister Tito Mboweni would have wanted…  As he prepares to present what is arguably one of the most critical Budget speeches in years on Wednesday 26 February, the rand and the local stock market were caught in a perfect …

Ahead of the 2020 Budget Speech on 26 February, PwC predicts that any fuel levy increase will be inflationary only – probably around 15c per litre. Photo: Pixabay While potential tax increases in the 2020 Budget Speech have by now been widely discussed, there are also a range of levies …

Image via Adobe Stock In the current 2019-20 tax year, this amounts to £12,000. This means that there is no CGT to pay on the first £12,000 of gains where you dispose of chargeable assets, such as property or stocks and shares. If you are a married couple or civil partnership, …

Image by Helloquence on Unsplash Almost all asset classes sold-off during the month, as negative investor sentiment was amplified by uncertainty over the extent and severity of the virus and its impact on economic growth. The IMF warned of a coming global recession worse than that of the 2008 Global …

Gillooly’s Interchange, Gauteng – Photo: Facebook / City of Ekurhuleni During an address on Thursday, the Gauteng Provincial Government have acknowledged the stern test that lockdown and ‘the disease that shall not be named’ will bring to the region. However, there’s still a plan to lead the locals from darkness …

Image via: Sunday Sun / Sipho Maluka / Gallo Capitec clients, who have lost some or all their income as a result of the global pandemic and lockdown, can have their debt instalments covered for up to 12 months — this according to Business Insider. All credit products have to …