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The Minister of Higher Education, Science and Innovation, Dr Blade Nzimande, said the government bursary scheme is in the process of finalising outcomes.

The Gross Domestic Product (GDP) for 2021 is expected to increase. The National Treasury has projected the growth rate to be 3.3%. 

Covid-19 vaccines

With the vaccination programme finally in progress, the National Treasury has decided to allocate R9 billion towards it. 

sassa card

Finance Minister, Tito Mboweni has confirmed that social grants will increase by below inflation rates of between 1.0 and 3.4 percent.

While delivering the annual budget speech, Finance Minister Tito Mboweni announced that there will be an increase in the personal income tax brackets and rebates.

alcohol & cigarettes

You can expect to pay more for alcohol and tobacco, as government has decided to increase the excise duties on these products.

Tito Mboweni

Finance Minister, Tito Mboweni announced that the gross tax revenue will be lower this year compared to what was projected in the 2020 budget. 

South Africa's unemployment rate has increased by 1.7% from the third quarter of 2020. 

The second batch of Johnson&Johnson vaccines will be arriving this week, following the recent start of the first phase of the vaccine rollout. 

This week Ivan Israelstam offers his proposal on how employers and employees need to do to work together in their joint interest. The pandemic has certainly exposed the inequalities in our society. Given the magnitude of management and executive packages, the question raised is: are business owners and workers able to seek the consensus to achieve a more equitable distribution of reward.? Ivan indicates this requires both business owners and workers to change their uncooperative mindset.

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