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Tax deadline for employers

The South African Revenue Service (SARS) has called on employers to submit their payroll data, as today is the deadline. In a statement, SARS spokesperson Adrian Lackay said companies had until today, Friday, 31 May, to submit their Employer Reconciliation Declaration and Employee Tax Certificates (IRP5 certificates) to the taxman.
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Trade deficit widens to R21.2bn

South Africa recorded a trade deficit of R21.2 billion in October, the South African Revenue Service (SARS) said on Friday.
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Dti withdraws change to BEE codes
The Department of Trade and Industry has withdrawn proposed changes to the Broad - Based Black Economic Empowerment (BBBEE) codes on socio-economic development

SA open for business - Davies
South Africa has enormous potential as an investment destination that offers promising opportunities in automotive components, aerospace, chemicals and agro-processing, says Trade and Investment Minister Rob Davies.

Business confidence rises in March
The March Business Confidence Index (BCI) rose to its highest level since September at 88.3 points, the South African Chamber of Commerce and Industry (SACCI) said on Tuesday.

Business unusual for SETAs
To help the country realise its target of having a skilled workforce, which will ultimately contribute to the creation of jobs, the Department of Higher Education and Training has extended the operation of all SETAs for the next five years, as from 1 April 2011.

DTI finalises training programme for B-BBEE
The Department of Trade and Industry (dti), together with three universities, is finalising the development of a Standardised National Training Programme for Broad-Based Black Economic Empowerment verification.

DFIs need to market better to small enterprises
Development finance institutions (DFIs) should develop communication, training and marketing strategies to better publicise the funding they offer small businesses, the Economic Development Portfolio Committee said in a report tabled in Parliament today.


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Did you know?

The Two Ladies of Athlone, the cooling towers that formed part of the Athlone Power Station was commissioned in 1962. They were last used, at a reduced capacity in 2003. On 14 Feb 2010, the reinforcing bands on one of the towers collapsed and a decision was made to demolish them. They were demolished at 11:55 on 22nd August 2010.

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