News › Press release

16 Feb 2024

Budget speech must not forget to touch on progress made to exit greylist

Johannesburg, 16 February 2024 - With the upcoming Budget Speech on 21 February 2024, National Treasury must not forget to talk about the progress made to exit the greylist. Walter Bhengu, Project Director for Legislation and Governance at the South African Institute of Chartered Accountants (SAICA), takes a deep dive into what has been done so far to ensure that South Africa can exit the greylist by January 2025.

Read more
16 Feb 2024

Load shedding: A lifetime of crisis

Johannesburg, 16 February 2024 – Seventeen years is a long time to be in a state of crisis. With load shedding starting in 2007 and no end in sight, the question is where to from here? Lisa Kahanovitz, Project Director: Tax Advocacy at the South African Institute of Chartered Accountants, takes a closer look.

Read more
16 Feb 2024

Derailed: The tale of Prasa

Johannesburg, 16 February 2024 - An efficient, effective and reliable transport and logistics infrastructure is essential for ensuring economic growth. So much so that the Government, in the 2023 Budget, advised of several reforms aimed at improving the performance of the transport sector, which of course includes the transportation of South African citizens to and from work. As such, R53,2 billion was allocated to support the provision of affordable public transport (and a further R59 billion estimated for the following year). Nomvula Masehla, Project Director: Tax at the South African Institute of Chartered Accountants, believes one such area of passenger transportation in need of urgent revival is the passenger rail transportation system.

Read more