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…

ANC in KZN and Gauteng to be ‘reconfigured’

Daily Maverick ANC’s Gauteng and KwaZulu-Natal structures advised to halt activities as NWC plans to reconfigure, potentially reshuffling top brass. Plans to be finalized in a week, with NEC members to present detailed plan. Decision follows poor electoral performance in…

The decline and potential fall of the ANC empire

Daily Maverick Recent reports suggest deep corruption within the ANC, with former officials implicated in corrupt activities. Testimonies reveal former National Assembly speaker Mapisa-Nqakula’s involvement in soliciting cash bribes. The revelations could impact the ANC’s support unless reformist leadership is…