EThekwini Municipality Mayor, Cllr Cyril Xaba, will officially open the Westown Square tomorrow the 27th March 2025. This is a Catalytic Project, deemed to be the 1st phase of the ‘New City of the West, in Shongweni, west of Durban. This is the first phase of a further mixed-use development and investment in the region […]
The South African Reserve Bank (SARB) has kept the repo rate at 7.5%Â following the Monetary Policy Committee (MPC) meeting on Thursday. Four MPC members according to the Governor preferred a hold. The other two members favoured a rate cut of 25 basis point. The commercial banks’s prime interest will remain at 11% as a result […]
The Tourism and Film Authority in KwaZulu Natal has made a call to all small tourism enterprises. If you’d like to enhance your tourism product or experience ,an amount of R100 000 worth of support can be obtained from the authority. Successful businesses will be offered business support up to R100 000. Priority will be […]
South African Finance Minister today confirmed the fears of value-added tax (VAT) increase. This was a highly expected address by South Africans and other parties around the world. Minister tabled a VAT increase by half a percentage point during each of the 2025/26 and 2026/27 financial years, bringing total VAT to 16%. This confirmation of […]
The Airports Company of South Africa (ACSA) has approached the Gauteng High Court for leave to appeal a judgement handed down in November last year which stopped it from procuring baggage screening equipment in an open tender process. The court ruled that Aviation Co-ordination Services (Pty) Ltd (ACS), a company formed by airline associations, the […]
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