Tag: remittance
Trends changing the face of payments in emerging markets
This article present some thoughts on how mobile money, cross-border payments and ‘buy now, pay later’ are transforming the financial sector, particularly in emerging markets, for the better. Last year saw an unprecedented rate of change in the financial sector, with huge growth in the use of digital financial services.
The race for the immutable tulip
Warren Buffet, the most successful investor of all time, calls cryptocurrency 'Tulip Mania'. Cryptocurrency, the most successful investment of all time, doesn’t seem to care. Now a decade on, governments are scrambling to work out how they can get a slice of the tulip pie.
Government interference and rising unemployment
The Washington Post recently ran an opinion piece by Colbert I. King about immigrants to America and the remittances they send back to family and friends in their home countries. Mr. King was speaking of immigrants to the United States but this holds some important lessons for South Africa as well.
VDP the solution to underpayment of company VAT?
With the wave of anti-South African Revenue Service (SARS) sentiment currently washing over South Africa, paying historical value-added tax (VAT) may be a hard pill to swallow. This has resulted in many companies understating or underpaying their VAT and subsequently incurring colossal penalties in addition to the tax payable.
