SA loses extra R1bn tax revenue to illegal cigarettes | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

SA loses extra R1bn tax revenue to illegal cigarettes

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:

 /  🏆 46. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SA loses possibly more than that to corruption, I don't see any news/billboards about that.

Let's refrase that: Due to entrepreneurs trying to meet market demand, SA is unable to steal from all of its population, just most. And the gangs that pretend to run the place will be down 1bn out of the 1.3trl they usually steal.

What is important here ? ? TobaccoKills 95 South Africans DAILY ☠️☠️🚭🚭 But MSM & our friendly government promote the poison Twice the murder rate

I-malema inyoka

What’s the EFF cut?

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA Post Office says clears backlog in mail sorting centres affecting deliveries | IOL Business ReportSouth Africa's Post Office has cleared the backlog in its depots that affected the delivery of items to customers. busrep No shit.
Source: IOL - 🏆 46. / 51 Read more »

WATCH: #BlackFriday chaos around SA | IOL Business ReportThe biggest shopping event has finally arrived for eager shoppers, Black Friday. Very sad indeed!
Source: IOL - 🏆 46. / 51 Read more »

#BlackFriday2018 dominates SA Google search this week | IOL Business Report'Makro Black Friday' and 'Builders Warehouse Black Friday' are just some of the most searched terms on Google South Africa this week.
Source: IOL - 🏆 46. / 51 Read more »

Unauthorised expenditure in SA increases by 38% to R2.1bn, says Auditor-General | IOL Business ReportSA's Auditor-General today released the audit results of the country’s consolidated audit outcomes of national and provincial governments.
Source: IOL - 🏆 46. / 51 Read more »

SA central bank set to keep interest rates unchanged | IOL Business ReportSouth Africa's central bank is likely to keep interest rates unchanged on Thursday as inflation remains contained within target.
Source: IOL - 🏆 46. / 51 Read more »

WATCH: SA Reserve Bank hikes interest rates | IOL Business ReportThe SARB Governor Lesetja Kganyago announced that the interest rate for SA would be increased by 25 basis points. RepoRate 😳😟 yeses uNyusizinto at it again 😢😢😢ngidisemba! Saze salamba bo! Reserve Bank tricks consumers to spend via credit by reducing interest rates and as a result of the lowered interest rate, savings decline, while consumption and investment go up, setting into motion an economic boom. However, this boom turns into bust because of SARB
Source: IOL - 🏆 46. / 51 Read more »

SA huffs and puffs its way out of first recession in 9 years | IOL Business ReportThe rand has cheered the decision of the SA Reserve Bank Monetary Policy Committee to hike interest rates for the first time since March 2016.
Source: IOL - 🏆 46. / 51 Read more »

SA forecast to exit technical recession | IOL Business ReportEconomists expect the third quarter GDP data due today to show that South Africa’s moribund economy exited its first recession since 2009. busrep I will celebrate when I start to see positive results. busrep Economists are playing computer games on spreadsheets. Dream on....
Source: IOL - 🏆 46. / 51 Read more »

SA moves out of technical recession, economy grows by 2.2% | IOL Business ReportSouth Africa’s economy grew 2.2% in the third quarter after contracting by revised 0.4% in the second and has now exited the recession. busrep South Africa’s emergence from recession is mainly due to strong growth of 7.5% in the Manufacturing sector and 6.5% growth in Agriculture. Unfortunately the Mining and Construction sectors continue to struggle. The GDP data gives us confidence that we are over the worst. SAGrows busrep Trying so hard to do damage control for Cyril. This country is a mess; thanks to the so called 'New Dawn' busrep ...hands up all those who believe SA's economy grows by 2.2%... MamaCallsBS...
Source: IOL - 🏆 46. / 51 Read more »

SA ‘moves to ease controls’ on fuel price | IOL Business ReportProposals in discussion document would allow service stations to set their own prices for 93 octane petrol
Source: IOL - 🏆 46. / 51 Read more »