How do politicians in a democracy make things happen? It seems so obvious: politicians, supposedly representing their constituents , make rules in Parliament, otherwise known as laws, which determine the actions of the populace . But, you know, it never happens like that.
So, since the stick is a variable motivator, some governments, when things are really desperate, resort to the carrot. And we saw a good example of that today when SA Revenue Service chief Edward Kieswetter suggested that he and the finance ministry had begun initial discussions onIn a way, it is natural that Kieswetter should be the one most open to the idea of this particular carrot. His job is to improve tax compliance and to increase the fiscal take for the government.
There are, in fact, already accelerated depreciation allowances available for the installation of renewable energy plants. The allowances effectively translate into a 28% discount on the plant. But, he says, this is clearly not enough.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BUSINESS REFLECTION: After the Bell: The siren song of downstream beneficiationIf you are an avid reader of the speeches of African presidents, as I am because I often struggle to sleep, you might notice a word that comes up with extraordinary regularity: beneficiation. 😂It sounds softer than beneficiaries and once you've benefitted, it becomes beneficiation. 😂
Source: dailymaverick - 🏆 3. / 84 Read more »
Fixing SA: Ramaphosa calls on business to get off the rooftops and 'into the ring' | BusinessPresident Cyril Ramaphosa has implored the private sector to 'get off of the rooftops' and 'into the ring' with government as it works to address crippling issues related to energy, logistics and crime. | News24_Business _Business 😂😂😂😂😂😂😂😂😂💩🧨 _Business Government fat cats are stuck in the chimney MbalulaFikile Sona2023 _Business Maybe they would help if the government was not driven by corruption and lining their own pockets
Source: News24 - 🏆 4. / 80 Read more »
Business Partners Limited - Business FundingBusiness owners - thank you. It is you that builds companies. Countries. Continents. BizPartnersLtd sees your hard work and your success, and they want to take you and your business further, with finance up to R50m. Apply Now:
Source: ecr9495 - 🏆 38. / 51 Read more »
Load shedding costs SA R900m a day, says Reserve Bank | BusinessSouth Africa’s electricity crisis is costing the economy as much as R899 million per day, according to central bank estimates. | News24_Business _Business Anyone experiencing 'off the schedule ' loadshedding 🤔 We been having it quite oftern😔 _Business And Eskom its Procurement is 1 Billion per Day...🙄🙄 _Business And yet nothing can be done...
Source: News24 - 🏆 4. / 80 Read more »