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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

South African Revenue Service

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South Africa

South African Airports Bracing for Jet Fuel Crisis Amid Dispute

South African airports are facing the possibility of a jet fuel shortage as a result of a disagreement between the South African Revenue Service and petroleum companies. OR Tambo International Airport in Gauteng, managed by the Airports Company South Africa, is particularly at risk with diminishing fuel stocks. The dispute revolves around handling procedures for dual-purpose kerosene, and the Natref refinery's temporary shutdown adds to concerns. ACSA and the South […]

todayApril 12, 2024 15

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Business / Economics

South Africa’s two-pot retirement system faces early implementation amid industry concerns

South Africa’s Parliamentary Standing Committee on Finance has recommended that the so-called two-pot retirement system should be implemented on 1 March 2024, instead of March 2025. According to MoneyWeb, SA’s retirement industry has been caught off guard by the decision with financial service providers expressing concern about system readiness, and arguing that both the South African Revenue Service and the retirement industry need until 2025 to adapt to proposed changes […]

todayNovember 22, 2023 6

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