Parliament is looking to change taxation laws to push South African economic growth, says finance minister Pravin Gordhan.
Die regering kyk na moontlike veranderinge in belastingwetgewing om Suid-Africa se ekonomie ‘n hupstoot te gee. Deel van die beplande veranderting is om die individuele belastinggrens na R59 750 te verhoog.
Of the 13.1 million people employed, 544 000 were underemployed in 2010, a report by Statistics South Africa (Stats SA) shows.
Statistiek Suid-Afrika sê van die 13.1 miljoen mense wat werk in Suid-Afrika, is daar 544 000 wat nie hulle volle potensiaal in die werkplek behaal nie.
Motorists face another sharp increase in the price of fuel, with all grades of petrol to increase by 41c per litre in March.
Motoriste sal 41 sent per liter meer betaal vir petrol in Maart.
South Africa’s current account deficit widened to 3.3% of gross domestic product, the Reserve Bank said on Tuesday.
Suid-Afrika se lopende rekening het tot 3.3% gegroei sê die Reserwebank.
Finance Minister Pravin Gordhan is set to deliver the 2011 national budget this week, with business looking forward to a speech which will boost business confidence following a global recession.
Ekonome hoop dat die begrotingsrede van Pravin Gordhan vandeesweek sakevertroue sal bou.
Motor trade sales grew by 17.2% year-on-year in June 2011, said Statistics South Africa (Stats SA).
Voertuigverkope is 17.2% hoër as in Junie verlede jaar sê die statistiekdiens.
The South African reserve bank has kept its repo rate unchanged at 5.5%.
Die reserwebank het sy uitleenkoers onveranderd gelaat op 5.5%, wat beteken dat rentekoerse nie verder gaan afkom nie.
Wholesale trade sales rose by 8.7% year-on-year in June 2011, Statistics South Africa (Stats SA) said on Thursday.
Groothandelverkope het met 8.7% geklim in Junie sê die statistiekdiens.
Reserve Bank Governor Gill Marcus on Wednesday said she was confident of the integrity of the country’s bank notes, following reports that faulty notes were in circulation.
Die goewerneur van die Reserwebank, Gill Markus, sê Suid-Afrikaanse banknote is bo verdenking ten spyte van gerugte dat ‘n groot aantal foutiewe R100 note in omloop is.
The cost to the economy could be up to R1-billion annually and conservative estimates are that 40 000 jobs will be lost with the National Energy Regulator of South Africa’s (Nersa) pipeline tariff increase of 59.9%.
Suid-Afrika se ekonomie gaan ‘n koste van sowat R1 miljard aangaan en kan tot 40 000 werke verloor as die verhoging van 59.9% op die Nersa oliepyp goedgekeur word.
British Minister for Africa, Henry Bellingham, promised to double trade volume and bolster economic ties between South Africa and his native country by 2015.
Die Britse minister vir Africa, Henry Bellingham, wil handel met Suid-Afrika verdubbel in die volgende vier jaar.
