Good morning. This is all the latest business news that you need to know today.
The South African Revenue Service (Sars) is rolling back ill-fated decisions taken under embattled Tom Moyne's leadership, reintroducing key teams to tackle the illicit economy, as it seeks to meet the R1.345 trillion tax collection target.
The development of commercially viable smallholder farmers is a key element in securing a sustainable future for agriculture in the Western Cape.
3. The rand goes down again
The rand is taking another knock, it was last trading at R13.88/$ this morning.
4. Steinhoff makes a comeback
Steinhoff's share price gained another 6% yesterday.
It is now up almost 12% since its results came out on Friday, and is now 28% higher than at its weakest point this year.
Nigeria is still holding its top position for hotel development in West Africa, despite a slight reduction on last year
Recently there has been a drop in the tourism numbers for Durban, however, the new tourism developments and the decrease in prices of airfares are predicted to put the city back on the map according to Tourism Update.
7. Today is International Plastic Bag Free Day
Most South African supermarkets have recently announced efforts to curb their use of plastic packing.
- BUSINESS REPORT ONLINE