‘I'm still not sure that the US buys South Africa's non-aligned stance, despite what they say, we really do need the US as both a trade and, probably more importantly, as an ongoing investment partner,’ says Donald MacKay, CEO of XA Global Trade Advisors.
‘The only way is to spread the burden across all South Africans, not to target the rich. I think that he will lay that ground so that in February he’s able to increase the VAT,’ says economist and commentator, Dr Lumkile Mondi.
‘The motivation they would've got, the confidence they would've got from having beaten the All Blacks at Twickenham in the warmup game will carry them through very nicely into the final tomorrow,’ says journalist and author, David O’Sullivan.
‘The new proposed effective date is March 25, and so from that date onwards, new contributions must be or at least a minimum of two-thirds of that amount must be kept invested up until the point of retirement,’ says Vickie Lange, head of best practice at Alexforbes.
‘We're going to raise it with the president as well, because the president should also be worried that there's a department that is as critical as the DTIC that hasn't had a DG for more than two years,’ says Kganki Matabane, CEO of the Black Business Council.
6 min
About Moneyweb@Midday
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Veteran journalist Jeremy Maggs brings you a fast-paced live daily news show covering a wide range of topics in business, economics and more. The show features exclusive interviews with captains of…
industry, CEOs, political leaders and prominent newsmakers, offering unique insights and in-depth analyses. Tune in on weekdays via the Moneyweb website and mobile app between 12h00 and 12h30.