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Mondi expects earnings for 2018 to rise 25%-29%The group recognised special item net charges after tax of €53 million the previous year.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
SA government hit by R43bn tax shortfall in 2019 tax yearBudget2019| The South African government is forecast to be hit by a tax revenue shortfall of almost R43 billion for the tax year ending next month, Finance Minister Tito Mboweni indicated in his budget speech on Wednesday, by JustinBrownSA Abramjee JustinBrownSA I saw this coming in 2009. JustinBrownSA The adhesive tape on the base of the plant is indicative of what this budget was all about. A band-aid solution only. No proper corrective surgery as is required.
Source: City_Press - 🏆 7. / 72 Read more »
What to expect from the budget: Small tax increases, lower tax collectionNewsletter| The budget is unlikely to have any significant tax increases because there are few taxes left to increase. And good news for consumers is the list of zero-rated VAT items is expected to include white bread flour, cake flour and sanitary pads
Source: City_Press - 🏆 7. / 72 Read more »
Tough budget speech with no major tax hikes forecastNewsletter| Finance Minister Tito Mboweni is likely to be the bearer of tough economic news when he presents his budget speech today. However, no major tax increases in the key tax categories of VAT, corporate income tax or personal income tax are expected The SOCIAL GRANT INCREASES will be the way of BUYING VOTES by AFRICAN NATIONAL CORRUPTION ANC since the country is on very BAD condition,so I don't expect the grant to increase.
Source: City_Press - 🏆 7. / 72 Read more »
Glencore’s net profit plunged in 2018The miner's CEO announced a new programme to buy back $2bn in shares this year, which could be increased depending on market conditions
Source: BDliveSA - 🏆 12. / 63 Read more »
SA investors opt for short-term fundsThe collective investment schemes industry attracted R93.5bn in net inflows in 2018
Source: BDliveSA - 🏆 12. / 63 Read more »
Sugar tax has cost R1bn and should be shelved, industry saysSA Cane Growers’ Association says that its impact on obesity is still questionable, but its knock to the economy and jobs is certain Now imagine what wealth taxes and such have done to other industries . The sugar tax has also resulted in poisonous sweeteners being added to almost all the cooldrinks now. These cause cancer, diabetes, weight gain & other health issues. Politicians are causing the exact problems they claim to fight & we must all pay into NHI while they sicken us? I saw it coming. This is/was always going to be unnecessary, government never serious about health issues, if they were, they'd ban alcohol and have a 'fat tax'. Ripple effect always leads to high unemployment.
Source: BDliveSA - 🏆 12. / 63 Read more »