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Experts are also forecasting increases in the corporate tax rate as well as changes to the capital gains tax (CGT) rate.
South Africa is one of the hardest-hit countries in Africa with over 740,000 infections.
The country recorded 60 more virus-related deaths on Wednesday, bringing the death toll to 20,011.
Zimbabwean painter Rasta has produced another impression of iconic figures, and this time Trump and Biden are the victims of his brush.
Mthembu also warned that South Africans must remain vigilant of the threat posed by COVID-19, and must continue to follow safety protocols.
We have decided to extend the national state of disaster to 15 December, President Cyril Ramaphosa said in his address to the nation on Wednesday night. Read his full speech.
So you couldn't catch the latest episode of Skeem Saam? Don't worry, we've got you covered. Be warned of spoilers!
Self-proclaimed prophet Shepherd Bushiri and his wife have fled South Africa for Malawi, in contravention of their bail conditions.
Munusamy, who is accused of accepting illicit payments from Crime Intelligence officials, has been appointed community outreach officer.
Avid Support Outside Court
Hundreds of supporters of Ace Magashule, the Secretary-General of South Africa's ruling African National Congress (ANC) party, staged protests on Friday as some even tried to force way into the magistrate's court in Bloemfontein, the capital of the Free State, where Magashule appeared for his hearing over alleged graft revolving around the equivalent of 13.9 million euros in contracts to audit houses with asbestos roofs — awarded under former president Jacob Zuma's corruption-tainted nine-year administration between 2009-2018. His successor Cyril Ramaphosa has vowed to root out corruption in South Africa, which has seen the ANC at the head of national politics since the icon Nelson Mandela came into power in 1994 after the fall of the white supremacist oppressive apartheid regime.
The court appearance follows an arrest warrant issued on Tuesday over Magashule's alleged failures to conduct oversight and report corrupt dealings.
The ANC said it would monitor developments closely.
Delta Airlines has once again delayed the relaunch of its flights between South Africa and the US, with the awaited addition of Cape Town as a stopover now also postponed until January.
Tenants in Ulundi were greeted by an unbearable smell that came from one of the rooms in a house. A gruesome discovery awaited them.
Kyle Abbott will turn out for the Joffna Stallions in the inaugural Lankan Premier League, which gets underway in late November.
Controversial, yes. But impossible? Perhaps not: The FF Plus now believes that 'independence from South Africa' is a potential choice for the Western Cape.
Democratic presidential candidate Joe Biden's proposal to target high-income investors could limit investment in new businesses and asset selloffs. Currently, the long-term capital gains tax rate for incomes above $400,000 is 20% (specifically, that's $496,600 for married filing jointly, $441,550 single filers, taxable income). Under Biden's plan, the rate would increase to 39.6% for incomes above $1 million. Experts say […]
A Zambian man accused in the fraud and money laundering case along with self-proclaimed prophet Shepherd Bushiri and his wife Mary, is allegedly an undocumented immigrant.
The price of diesel will also decrease this week as a result of lower Brent crude prices.
Self-proclaimed prophet Shepherd Bushiri says he will return to face South African justice only if these five demands are met.
Following chaotic scenes in Brackenfell on Monday, the DA have said that the EFF's 'terrorising of communities' is comparable to the Nazis.
Ace Magashule is facing charges of corruption, money laundering and fraud for his alleged involvement in the R255 million asbestos debacle.
