Tag: news

  • South Africa’s VAT Increase From 15% to 15.5% has Been Withdrawn

    South Africa’s VAT Increase From 15% to 15.5% has Been Withdrawn

    South Africa’s government has withdrawn its planned increase of the value-added tax (VAT) from 15% to 15.5%, which was scheduled to take effect on May 1, 2025. The reversal follows intense political opposition and public concern over the potential economic impact. The Proposed VAT Increase Finance Minister Enoch Godongwana had announced a two-phase VAT hike…

  • The Importance of Safety Protocols on Construction Sites

    The Importance of Safety Protocols on Construction Sites

    Construction sites are inherently dangerous environments due to heavy machinery, hazardous materials, and complex tasks performed at high altitudes or in challenging conditions. As a result, construction site safety is of paramount importance for protecting workers, ensuring successful project completion, and maintaining a productive work environment. Safety protocols on construction sites are not just a…