Daily Dive

Daily Dive

New BEE tax for business in South Africa draws fire

BusinessTech The Democratic Alliance rejects a plan by the Department of Trade, Industry, and Competition to tax private sector profits to fund black-owned businesses. The proposed R100 billion Transformation Fund faces criticism and requires further discussion. Minister Parks Tau plans…

Stellenbosch police failures | Carte Blanche | M-Net

Carte Blanche (Youtube) A series of violent crimes in Stellenbosch targeting students, including a brutal murder, prompted an investigation. Despite CCTV evidence, police investigations and university safety measures are under scrutiny. Authorities declined to comment on the recent murder. Read…

What Trump’s return means for South Africa

BusinessTech South Africans warned to monitor US economy under Trump’s return, which could impact rand, inflation, and interest rates. Trump’s focus on job creation and tax cuts resonates with US electorate, but policies may lead to higher inflation. Concerns over…