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MTBPS: An ode for Mboweni

MTBPS: An ode for Mboweni

South Africa’s Finance Minister Tito Mboweni. Photo: Sebastiao Moreira JOHANNESBURG – So after all is said and done, tomorrow is the Medium-term Budget Policy Statement (MTBPS). Let’s hope that there is an earnest and frank account of the state of affairs, and that...
How do you make positive decisions in a recession Mr Mboweni?

How do you make positive decisions in a recession Mr Mboweni?

Finance Minister Tito Mboweni: Ayanda Ndamane/African News Agency (ANA) JOHANNESBURG – It is true that when a country or an economy is under pressure that it is conceivable that the development of the country will suffer from the following tell-tale signs. I am not...
Capital gains tax: Envisaged disposal

Capital gains tax: Envisaged disposal

CAPE TOWN – My previous article ended on a sombre note: the favourite yellow submarine was scuttled and we could not buy love on Penny Lane. But all is not lost. I did tell you that proceeds, disposals assets and base cost are defined words and terms that have a...
OPINION: The ‘Yellow Submarine’of Taxes

OPINION: The ‘Yellow Submarine’of Taxes

JOHANNESBURG – The PA system at the track booms: “Your Silver Coin is out of the gate. He passed gross income and is a receipt of a capital nature.” Your palms get sweaty, your heart is racing, you’re winning! So what? What now? The money you received for...