Thousands of South Africans will be impacted by new amendments to the Income Tax Act which will come into effect from 1 March 2020, says Nicolas Botha, a senior financial emigration specialist at Tax Consulting SA.
The Angolan government has been introducing several initiatives to encourage investment and business opportunities in the oil rich country since former president José Eduardo dos Santos stepped down.
SA’s senior IT skills are increasingly leaving the country, but this creates a series of new opportunities for local companies and IT professionals.
The impact of the future tax treatment of income earned by South Africans while they are living and working abroad has been widely publicised. It has also contributed to the first publication of its kind that deals with the tax considerations of South Africans abroad or those with international interests, and foreigners working and living […]
Skills development is becoming an increasingly pressing concern and an essential priority for South Africa business at all levels. Local unemployment rates continue to climb, with Statistics South Africa’s (Stats SA) Quarterly Labour Force Survey (QLFS) for the second quarter of 2019 stating that the number of unemployed persons increased by 455,000 to 6.7 million […]
South African passport holders can travel visa-free to over 100 countries, ranked the 53rd most powerful passport.
Recent media reports have criticized South Africa’s restrictive visa rules and the Department of Home Affairs’ poor handling of visa applications. They claim these shortcomings discourage investors from entering the country, thereby inhibiting economic development and job creation.
South Africa will trial a new e-visa system in November, making it easier for tourists to enter the country thanks to the online capture of visa applications and biometric information.
The economy is in crisis. The latest unemployment statistics have rung alarm bells, and a possible downgrade by Moody’s looms. Government and business are both recommitting to creating jobs to kick-start growth.
The demand for critically skilled foreigners has significantly increased considering its integral role within the economic growth within South Africa.
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