Tag Archives: south africa

The Current SA Tax base and economic climate pose risks and opportunities for government finance.

Currently, the South African government gets a huge proportion of its revenue from taxes. For example, in the 2014/2015 financial year, 87% of the 1, 2 trillion government revenue came from taxes alone. The economy is in a technical recession and unemployment is at its highest levels since the 2008/09 downturn with over 9,5million people unemployed. Indications from SARS are […]

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Zuma Left South Africa on an Upward Growth Path

  While the “Ramaforia” continues in SA following the renewed positive sentiments and increased investor confidence due to the election  of president Cyril Ramaphosa, yesterday’s release of GDP figures points to the fact that Zuma left SA on a positive upward growth path. According to Stats SA, the economy expanded 1.3 percent last year, exceeding the National Treasury’s forecast of […]

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Is Agoa compromise a mixed blessing for SA?

The local poultry industry stood to lose about R900m in annual turnover and potentially shed about 6,500 jobs as a result of a deal clinched in Paris last week with its US counterpart, South African Poultry Association CEO Kevin Lovell said on Monday. The deal will allow the import of 65,000 tonnes of bone-in chicken portions from the US free of […]

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What are investors getting outside South Africa: SA’s top global equity funds

South African equity prices seem stretched. This has forced many local investors to look at the potential in other markets. One of the simplest ways to do this is through investing in local rand-denominated unit trusts or exchange-traded funds (ETFs) that invest offshore. Funds in the Global Equity General category must invest at least 80% of their assets outside of […]

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What you need to know about the proposed changes to the Mental Health Care Act 17 of 2002

By  Trisha Dhanasar Introduction During the Health Budget Vote speech given by the Minister of Heath on the 23rd of July 2014, the Minister categorized South Africa’s disease profile in to 4 main areas, namely  HIV/AIDS and TB, maternal and child mortality, non-communicable diseases ( includes mental health)  and lastly injury and violence. When evaluating and effecting measures to combat […]

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Expect an Increase in the Manufacturing & Sales Figures for November 2014 to be Released Later Today.

By Vivian Atud What: Statistics South Africa (Stats SA) will today at 13:00 p.m. release the manufacturing and sales figures for November 2014. Manufacturing remains a key sector of the South African economy. Figure 1: Breakdown of gross value added by industry, 2012 (proportions) (Source: Stats SA, 2013) According to figure one, manufacturing is a key sector and second biggest […]

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GDP Figures Shows that South Africa Needs New Thinking

The third quarter GDP figures published yesterday by Statistics South Africa (Stats SA) confirmed to me what I was expecting to see. Many economist and analyst who have been following up with monthly production data from various sectors of the economy were not surprised by the GDP data released by stats SA yesterday which showed that the third quarter GDP […]

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