Fin24's weekly SA Money Report provides bite-size takes on financial and business stories, along with a deep dive into the story of the week., we delve into the debate around the controversial Green Paper that proposes that all South Africans pay 12% of their earnings into a state-managed social security fund.
Green Papers are government's way of testing the waters - offering options and posing questions that need to be answered in order to formulate policy, especially with responses from the public or those impacted by what the document is proposing. A White Paper, on the other hand, sets out government policy.
However, there is a lot more happening with this particular paper that doesn’t have to do with its metaphorical colour, including disagreements in government, the looming possibility of a taxpayer revolt and maybe even the threat of destruction for an entire private industry.
Fin24 12% of fokol is fokol, so CyrilRamaphosa can proceed with implementing it. I will not pay them anything.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ways to solve your money problemsSPONSORED | Communication and moving quickly to manage debt are the two keys to future financial wellness, says Old Mutual Finance CEO OldMutualSA I almost lost my marriage and family earlier this year because of hardship after been scammed several times on different fake investment companies. But ever since I came across William_church0 I must tell you the truth that I have recovered all my lost fund. OldMutualSA Bitcoin is real only when you meet the right account manager to instruct you and guide you Since I met Michael_Teddy45 my life has really turn around because of his skills in investing bitcoin with an original broker now I can afford what I couldn't few months ago
Source: TimesLIVE - 🏆 28. / 59 Read more »