Treasury to propose three-year wage freeze:
In an effort to stabilise the spiraling public sector wage bill, Finance Minister Tito Mboweni has announced that National Treasury will propose a three-year wage freeze.
: SAnews – South African News sihle
VAT, PAYE collection to be bolstered to improve revenue:
Improved tax collection and administration continues to be an important element in achieving fiscal consolidation, the National Treasury said on Wednesday.
: SAnews – South African News Janine
Tax revenue revised down by R8.7bn:
The gross tax revenue estimate for 2020/21 has been revised down by R8.7 billion compared with the projection in the June Special Adjustments Budget, National Treasury said on Wednesday.
: SAnews – South African News Matona
Click here to submit your Cape Town News – free.
Have you tried: Travelling to South Africa?
Fun Western Cape Fact: Cape Town is sometimes called the ‘Tavern of the Seas;’ mainly, because the port of Cape Town is deemed to be one of the busiest shipping corridors in the world.
Watch a Video:
