NHI was first proposed in 2011. The objectives include providing improved access to quality health services for all, employed or unemployed.
Continue readingSouth Africa: Increasing the income tax rate may reduce tax collections
Increasing the individual tax rates for the 2018 financial year in South Africa may well add to the budget deficit in years to come.
Continue readingSouth Africa: Public Private Partnerships’ potential for Africa
To mitigate the risk of this, public entities should avoid divorcing themselves entirely from the management or regulation of the PPP project
Continue readingSouth Africa: New International Arbitration Act now in force
The new Act regulates international arbitration proceedings in South Africa and the enforcement of foreign arbitral awards locally.
Continue readingSouth Africa: New claims regime may delay uptake of 2017 FIDIC contracts
The changes in the FIDIC suite introduce a more rigorous approach to procedure and generally bring more certainty and predictability.
Continue readingSouth Africa: Tax on voluntary severance packages
In essence employees who volunteered to be retrenched did not get the ZAR 500 000 tax exemption provided for in the Income Tax Act.
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