New Tax Tables For 2017: This Is How Much You Will Pay

Following the announcement of new tax changes for the 2017/18 financial year by finance minister Pravin Gordhan, the country’s tax tables have been updated. One of the biggest changes announced by the finance minister is the introduction of a new tax bracket, aimed at the country’s wealthy. South Africans who earn more than R1.5 million […]
Continue reading…

Enjoyed this post? Share it!

 
 

Replacing South Africa’s finance minister, or his deputy, would carry a heavy cost

Many see the decision by South Africa’s governing African National Congress (ANC) to send the disgraced former CEO of the power utility Eskom to parliament as the precursor to another attack on the National Treasury and to remove finance minister Pravin Gordhan. The decision to give Brian Molefe a seat in the country’s parliament has […]
Continue reading…

Enjoyed this post? Share it!

 
 

Gordhan ups social spending and squeezes the rich

Despite trying circumstances, Finance Minister Pravin Gordhan announced on Wednesday that the budget introduces new tax measures that target the rich and that social spending is prioritised to favour the poor. In his highly anticipated budget speech, Gordhan announced a new top personal income tax rate of 45% for those with taxable incomes of more […]
Continue reading…

Enjoyed this post? Share it!

 
 

Conspiracy, disinformation and Zuma-Gordhan fight loom over budget

A year after President Jacob Zuma began feuding with his Finance Minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in Parliament on Wednesday, Gordhan will seek to keep state spending in check and fend off a junk credit […]
Continue reading…

Enjoyed this post? Share it!

 
 

#Zupta Penalty: Foreign Investors Pull Plug On South African Investments. SONA Penalty Next?

Jacob Zuma and his buddies in the ANC might be impressing Julius Malema’s Economic Freedom Fighters supporters with talk of radical economic transformation to slay the imaginary beast of white monopoly capital. But their rhetoric, together with seemingly endless revelations of corruption, is sending foreign investors to distant climes. This worrying development is highlighted in […]
Continue reading…

Enjoyed this post? Share it!

 
 

ANC plans ‘constitutional revolution’ on land

The government is planning a “constitutional revolution” to fast-track land reform, including considering expropriation without compensation. The ruling party also wants land reform to include restitution for “precolonial dispossession” before the 1913 Native Land Act came into force, and a cap on the amount of land an individual can own. With most South African land […]
Continue reading…

Enjoyed this post? Share it!

 
 

The Truth And Lies Of Zuma’s SONA 2017

Amidst unprecedented security measures, South Africa’s President Jacob Zuma delivered his tenth State of the Nation Address on 9 February 2017. We fact-checked his speech. Claim: “To date, nearly 7 million households have been connected to the grid and now have electricity.” Verdict: Correct South Africa’s development indicators showed that 6,340,321 households had been connected […]
Continue reading…

Enjoyed this post? Share it!

 
 

DA, EFF slam Zuma deployment of SANDF to Sona

The Democratic Alliance and the Economic Freedom Fighters have condemned President Jacob Zuma for deploying 441 members of the South African National Defence Force to “maintain law and order” at the president’s State of the Nation address (Sona) on Thursday. The DA and the EFF released statements on Tuesday night immediately after the presidency had […]
Continue reading…

Enjoyed this post? Share it!

 
 

Cape Town’s Mayoress, Patricia de Lille, Announces Black Supremacist Management Board for Cape Town

The announcement by the Cape Town Mayoress, Patricia de Lille, about the composition of her new management team, for the City of Cape Town, is a slap in the face for the city’s white taxpayers, says Ms. Erika Botha Rossouw, FF Plus councilor for the city. Miss Botha Rossouw says that apparently no white person […]
Continue reading…

Enjoyed this post? Share it!

 
 

Shocking exhibition in National Art Gallery

An exhibition in the National Art Gallery in Cape Town which consists of only the offensive words “Fuck White People,” is irresponsible and the FF Plus calls on the museum to remove it without delay, Dr. Pieter Groenewald, leader fo the FF Plus says. According to Dr. Groenewald, members of the public approached him about […]
Continue reading…

Enjoyed this post? Share it!