Updates and news
Securing a loan(How to qualify) in South Africa can be a pivotal step toward achieving personal or business goals. Whether you’re aiming to purchase a home, fund your education, or expand your business, understanding the qualification criteria is essential. This comprehensive guide will walk you through the necessary steps to qualify for a loan and … Read more
The South African National Treasury has officially released its second-quarter report for the 2024/25 financial year. This detailed analysis outlines how local municipalities performed against their approved budgets for the period ending 31 December 2024. It includes revenue collection, expenditure patterns, and insights into conditional grants and non-financial metrics based on MFMA Circular No. 88. … Read more
In a major step toward easing the housing burden for working-class citizens, the South African government has introduced a new R2,000 monthly housing support grant. This government-backed initiative is now open for applications and provides direct financial aidto help eligible individuals pay for rent, utilities, or mortgage-related costs. Launched under the official website of the Department of Human Settlements, the program … Read more
Unemployment Insurance Fund (UIF) The UIF is mandated to alleviate poverty by providing effective short-term unemployment insurance to all workers who qualify for unemployment and related benefits, as legislated in the Unemployment Insurance Act of 2001. Over the medium term, the fund aimed to focus on providing social insurance benefits and improving coverage to vulnerable … Read more
Tax administration National Treasury is responsible for advising the Minister of Finance on tax policy issues.As part of this role, National Treasury must design tax instruments that can optimally fulfil a revenue-raising function.These tax instruments must be aligned to the goals of government’s economic and social policy. These instruments are then administered by SARS. A … Read more