Tag: foreign investors

A generally weakening Rand and mounting inflationary pressures have meant that the South African Reserve Bank (SARB) has once again raised interest rates - to the distinct detriment of the weakest members of our society.

There is no denying that we live in the most technologically advanced era the Earth has ever seen and this is due to property rights and free trade. Removing restrictions on trade between individuals in a country is important, but removing restrictions on trade between individuals in different countries is arguably even more important given the enormous size of the global market compared to any single country’s domestic market.

Hot on the heels of President Ramaphosa telling the European Parliament on 14 November  that South African land reforms will be enacted in adherence to the country’s Constitution, the joint constitutional review committee formally recommended that section 25 of the Constitution be amended to allow for expropriation of land without compensation.

John Brand | Consultant | Bowmans | john.brand@bowmanslaw.com | www.bowmanslaw.com | South Africa must bridge the dispute resolution gap or risk further investor disenchantment. It is...

After much speculation over the past few weeks as to how the Minister of Finance would ‘plug the deficit’ in his Budget Speech on 22 February 2017, he has chosen to rely on personal income tax (including trusts) by increasing the top-end rate from 41% to 45%, a dividend withholding tax increase from 15% to 20% (with immediate effect) and increased Fuel and Road Accident Fund levies.

Tourism is one of the best performing sectors in South Africa’s economy with its strong competitive advantage, the favourable exchange rate and the global growth...