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Plettenberg Bay Business News

Business News Articles
SA car manufacturers call on govt to reduce vehicle taxes SA car manufacturers call on govt to reduce vehicle taxesDate: 05/08/2020

‘For us to stimulate demand for vehicles, we cannot obviously exclude a conversation about tax...

Gold prices hit $2,000 an ounce for first time Gold prices hit $2,000 an ounce for first timeDate: 05/08/2020

Gold prices on Tuesday hit $2,000 an ounce for the first time, the latest surge in a commodity seen as a refuge during economic

UIF to continue processing new TERS claims for April, May until cut off date announced UIF to continue processing new TERS claims for April, May until cut off date announcedDate: 04/08/2020

Maruping added that the fund had concluded to make the activity of verifying account details the responsibility of the client...

SAB pulls the plug on its R2.5bn investment for 2020 SAB pulls the plug on its R2.5bn investment for 2020Date: 04/08/2020

South African Breweries (SAB) will no longer be investing R2.5 billion in its annual capital and infrastructure upgrade...

SA carmakers want vehicle taxes reduced SA carmakers want vehicle taxes reducedDate: 03/08/2020

South Africa’s vehicle manufacturing industry is preparing to approach the government with a request to reduce the taxes on new...

No salaries for 20% of private sector workers in June No salaries for 20% of private sector workers in JuneDate: 30/07/2020

South Africans’ wallets are feeling the brunt of the Covid-19 pandemic as monthly take-home pay in June 2020 crashed 20.7%...

Covid-19 peak expected late August, with 1.5m more job losses Covid-19 peak expected late August, with 1.5m more job lossesDate: 29/07/2020

B4SA said South African businesses were already in distress and it now expects about 1.5 million further job losses by the end...

Load shedding looms: Power system is under severe pressure, warns Eskom Load shedding looms: Power system is under severe pressure, warns EskomDate: 28/07/2020

Eskom has requested South Africans to reduce electricity usage as the power generation system is severely constrained this...

IMF approves $4.3bn ‘financial support’ to South Africa to deal with Covid-19 IMF approves $4.3bn ‘financial support’ to South Africa to deal with Covid-19Date: 28/07/2020

The money will pave the way for the government to provide the necessary financial relief required to forge a new economy...

Alan Winde | Alcohol ban: South Africa needs to act smarter Alan Winde | Alcohol ban: South Africa needs to act smarterDate: 27/07/2020

The Western Cape is considering some solutions to ensure the alcohol industry survives the Covid-19 pandemic and is not hit by...

Agriculture blossoms while the rest of the economy shrivels Agriculture blossoms while the rest of the economy shrivelsDate: 27/07/2020

Never write off agriculture’s propensity to come to the rescue when it is most needed. While most of the SA economy shrivel...

Angie Motshekga and MECs in breach of constitutional duty Angie Motshekga and MECs in breach of constitutional dutyDate: 22/07/2020

Minister of Basic Education Angie Motshekga and the MECs of the various provinces have been held to be in breach of their...

Gautrain partners take multi-million rand hit from drop in demand Gautrain partners take multi-million rand hit from drop in demandDate: 22/07/2020

The Gauteng Provincial Government and Bombela Concession Company (BBC) will both take multi-million rand ‘hits’ because of low...

Liquor taps could reopen in seven weeks Liquor taps could reopen in seven weeksDate: 21/07/2020

Medical Research Council says its report may have influenced the reintroduction of the alcohol ban, but alternatives should...

Restaurants set to block roads with tables, chairs in protest on Wednesday Restaurants set to block roads with tables, chairs in protest on WednesdayDate: 20/07/2020

The industry wants an urgent meeting with the president over the devastating impact of lockdown restrictions on business...

Even the rich are suffering Even the rich are sufferingDate: 17/07/2020

It is dark times indeed if millionaires start holding back on buying a new Montblanc pen, a Piaget watch, a Van Cleef & Arpels...

SAA creditors back business rescue, financing details to follow SAA creditors back business rescue, financing details to followDate: 15/07/2020

SAA’s creditors have given the stricken state-owned airline’s revised business rescue plan the green light, with 86% of them...

Alcohol industry shocked by government’s U-turn Alcohol industry shocked by government’s U-turnDate: 14/07/2020

The embattled liquor industry says President Cyril Ramaphosa’s immediate decision to ban the sale of alcohol will lead...

Coronavirus: South Africa bans alcohol sales again to combat Covid-19 Coronavirus: South Africa bans alcohol sales again to combat Covid-19Date: 13/07/2020

South Africa has introduced new restrictions, including another ban on alcohol sales, to help contain the spread of coronavirus...

City Power backtracks on shock prepaid charge (again) City Power backtracks on shock prepaid charge (again)Date: 13/07/2020

The City of Johannesburg has backtracked on a contentious R200 per month capacity charge for all residential prepaid...

Total will continue with its exploration in offshore SA Total will continue with its exploration in offshore SADate: 09/07/2020

The leopard, or rather the Luiperd-1, is the next well that will be drilled 175km off the southern coast of South Africa by French

‘Reckless’ and ‘irregular’ new hires at nuclear plant during lockdown ‘Reckless’ and ‘irregular’ new hires at nuclear plant during lockdownDate: 08/07/2020

Nuclear Energy Company of SA (Necsa) seems to be getting back on its feet after the appointment of Dave Nicholls as chair...

Outa takes Sanral to court Outa takes Sanral to courtDate: 08/07/2020

The Organisation Undoing Tax Abuse (Outa) suspects long-distance toll concessionaires may be making excessive profits and...

Covid-19: Salary cuts and tax impact Covid-19: Salary cuts and tax impactDate: 06/07/2020

Unlike public sector entities, most private sector companies have been forced to reduce their salary bills in order to keep...

Get ready for an August peak in stock prices Get ready for an August peak in stock pricesDate: 06/07/2020

The coronavirus crash and rebound have stumped many professional fund managers, with some suggesting it is the so-called...

Hoteliers plead for Covid-19 business interruption insurance payouts Hoteliers plead for Covid-19 business interruption insurance payoutsDate: 02/07/2020

Battle lines have been drawn in a David and Goliath clash between distressed tourism and hospitality businesses and insurance...

New Brakpan mall will be ‘a breath of fresh air’ New Brakpan mall will be ‘a breath of fresh air’Date: 02/07/2020

Eateries like Mugg & Bean, Steers/Debonairs and Piccolo Family Kitchen are further attractions along with more special...

Tax season changes taxpayers should take note of Tax season changes taxpayers should take note ofDate: 01/07/2020

Taxpayers who aren’t sure whether their auto-assessed tax return is accurate should get advice from a registered tax...

Tobacco wars: behind the scenes of Batsa’s urgent court application Tobacco wars: behind the scenes of Batsa’s urgent court applicationDate: 01/07/2020

The urgent application brought by British American Tobacco South Africa (Batsa) to have a ban on the sale of tobacco products...

Restaurants ‘bewildered’ by booze ban, to challenge Patel for reasons Restaurants ‘bewildered’ by booze ban, to challenge Patel for reasonsDate: 30/06/2020

The Restaurant Association of SA wants to know why alcohol cannot be sold to sit-down customers...



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