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 …
Read More »Risk-off sentiment grips the market amid continued virus fears
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 …
Read More »Budget speech 2020: Will there be a VAT increase? We talk to the experts
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 …
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