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EFF president Julius Malema.

EFF pushes its alternative budget, demands reform

The party has proposed a R512.8bn revenue strategy and refuses to agree to a VAT increase

Basic income support also helps boost investment aimed at improving nutrition, healthcare, housing and transport, the report adds. (Ricardo Rojas/Reuters)

A BIG deal: Universal income support could resuscitate South Africa’s economy — report

A basic income grant could add 0.5% to GDP growth by 2025, according to a report commissioned by the National Economic Development and Labour Council.

Urgent action is required to address the constraints to South Africa’s power system and to reduce the usage of the diesel-fired turbines, the council said.
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An emergency budget needs bold decisions, including a bigger public sector

Choosing this path would create work for many while also building the infrastructure that the country needs

It is now widely acknowledged that taxing multinational firms based on “where value is created” encourages massive — and legal — tax avoidance. (Dale de la Rey/AFP)

Global tax for multinationals gains traction

Multinational companies have been gaming the rules of the global economy to minimise their tax liability — or even eliminate it

The Zimbabwean government, under President Emmerson Mnangagwa, has made steady strides towards change, which have already had a positive economic impact. (Photo: Reuters/Philimon Bulawayo)

Transforming Zimbabwe to a Private Sector-Led Economy

The policy and institutional reforms proposed will shift perceptions – and the economy

Patrice Motsepe says the private sector is uniquely positioned to partner with their Brics counterparts and with other countries in Africa. (Delwyn Verasamy/M&G)

Motsepe: Give corporates a tax ‘break’

Mining magnate Patrice Motsepe says government should go a step further to lure investors to the country

‘I will expect him to reflect on his attitude and behaviour. I invite all my fellow men to hold him

Corporate tax: How low can you go?

​The reforms in the pipeline cannot stop countries from offering attractive corporate tax rates to attract investors.

In July 2018, the EU fined Google 4.34-billion euros for antitrust violations with its Android operating system for smartphones. (Andrew Kelly/Reuters)

Sars keen on stricter transfer pricing documentation

Auditors say the new tax regulations are too much to comply with and could be counterproductive to reining in tax-avoidance by multinational firms.

Mauritius is often described as a tax haven because it levies little to no tax.

Tax treaty with Mauritius blocks outflow

A new treaty makes it more difficult for companies to take advantage of tax loopholes to avoid their financial obligations.

Finance Minister Nhlanhla Nene (David Harrison)

Tax-base erosion cripples Africa

Multinationals play such a large role in many nations’ budgets that effective control is crucial.