High taxes burden for SA's economy?

Taxes in SA
Corporates in South Africa pay the 2nd highest effective tax rate among the biggest 60 world economies, while only four out of ten adults are employed in South Africa. By Mike Schüssler

Well performing Tourism in Durban

Durban beachfront
The Durban tourism sector outperformed other major SA cities over the December holidays for a second straight year. Now Durban Tourism is set to take the city to another level, with the municipality approving R20 million in funding for an international marketing campaign.

Public service employment growing four times faster than total employment

Public Sector Employment
Employment in the public service is growing four times faster than total employment, according to the latest South Africa Survey, published by the South African Institute of Race Relations (SAIRR) this week.

Get a free website for your Business from Google

Google in partnership with the DTI and other partners have launched a free online website development service for small and medium businesses in South Africa. Research shows that businesses with websites reported 20% more profitability than those businesses without a website.

Special economic zones: a step in the right direction

Over 10 years ago the department of trade and industry initiated an industrial development zone (IDZ) programme in four zones, through which over 30 000 jobs were created. A review of the department’s bill revealed that it’s advisable for it to provide incentives outside quality infrastructure and open the opportunities up to other areas of comparable advantage.