Taxpayers can breathe a sigh of some relief as Finance Minister Tito Mboweni tabled a 2021 Budget Speech this afternoon free from substantial tax hikes aimed at bankrolling South Africa’s Covid-19 vaccination programme. Government has set aside 19-point 3 billion rand to fund Covid-19 vaccines, in the interests of saving lives and supporting the economic recovery. No new taxes have been introduced to fund vaccines.

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Smile Staff Reporter
Smile Staff Reporter

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The Western Cape has recorded 15 additional deaths, bringing the total number of COVID-19 related deaths in the province to 11 098. As of one o’clock this afternoon (Wed 24 Feb) the Western Cape had 4 134 active Covid-19 infections with a total of 274 469 confirmed Covid-19 cases and 259 237 recoveries.
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In spite of calls from the alcohol and tobacco industry to ease excise duties on booze and tobacco, government plans to raise them by 8% for 2021/22. A 340ml can of beer or cider will cost an extra 14 cents, a 750ml bottle of wine will cost an extra 26 cents, a 750ml bottle of sparkling wine an extra 86 cents, a bottle of 750 ml spirits, including whisky, gin or vodka, will increase by R5.50 and a packet of 20 cigarettes will be an extra R1.39.

Busy city pedestrian routes turn into an open-air gallery

Smile Staff Reporter -
   One of Cape Town's busiest pedestrian routes turns into an open-air gallery. Every weekday, approximately 30,000 pedestrians walk several surveyed routes in Cape Town,...

Things every South African needs to know about having a will

Smile Staff Reporter -
 There are many things South Africans need to know about having a will. So says Mariska Redelinghuys, the Employee Benefits and Fiduciary Specialist at...

OPINION: Annual two-pot withdrawals could cost an employee R1 million at retirement

Smile Staff Reporter -
Annual two-pot withdrawals could cost an employee R1 million at retirement. R399 600 now, or R1.01 million more later. That's the choice facing employees...