MoneywebLinus Chua, Bloomberg · 14 October 2026 at 08:45Read the full story on MoneywebThe era during which trading barriers were dropped and there was a free flow of goods is over, said Yuvraj Narayan
This story was written and published by Moneyweb. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.
No comments yet. Be the first.
BizcommunityCigarettes priced below South Africa’s Minimum Collectable Tax (MCT) remain widely available in the retail market, with new research finding that approximately 75% of stores surveyed continue to sell brands priced below the R27.12 tax threshold.
MyBroadbandThe former officials allegedly leveraged a "photo swapping" loophole to issue fraudulent passports.
The CitizenAlmost 75% of all cigarettes sold in SA go for far less than the R27.12 minimum collectable tax price, raising questions about enforcement and lost revenue.
MoneywebA revenue overrun could narrow the budget deficit to 3.5% of GDP, while improving fiscal discipline and structural reforms strengthen the case for a return to investment-grade status within two to three years.
BusinessTechRatings agency Moody's said South Africa is heading in the right direction for its first credit rating upgrade since 2009.
MoneywebMeanwhile, US debt is heading into unprecedented territory, one of the key reasons behind a surge in long-term borrowing costs that has raised alarm bells globally.