An increase in Capital Gains Tax (CGT) for individuals and special trusts from 25% to 33.3% will come into effect on 1 March 2012, revealed Finance Minister Pravin Gordhan in his budget speech. He also noted that companies and other trusts would experience an increase from 50% to 66.6%.

The impending budget speech will need to be an impeccable piece of financial planning if it is to meet the requirements and expectations of the public. AA heads comment on the 2011 national budget and how it will be expected to compare to the 2012 fiscal plan.

The 2012 national budget is predicted to be the most challenging budget delivered in two decades and Minister of Finance Pravin Gordhan has his work cut out as he attempts to balance socio-political expectations and fiscal limitations while fostering an environment that is geared towards job creation.

An exciting knowledge and information exchange will take place when the Business Analysis Conference, the first of its kind, is launched in South Africa. The conference will address the role of the professional Business Analyst as an enabler for effective business change.

The National School Nutrition programme has been hailed a success, feeding over eight million children and providing jobs for women in poor communities, one of the country?s most marginalised groups. Sindiliwe Zandile Myiko report?s on the impact of this initiative.

Poverty and unemployment have been the principal issues that have long divided trade unions and the business community. However government seems to be successfully nudging both parties towards a middle-ground solution that could truly work according to Mannie Hirsch.

There has been an improvement in economic governance across the African continent and now the only challenge facing Africa is to create sustained growth channels by engaging in new ventures which will boost and expand regional integration.

The project to upgrade and develop new train stations is expected to create about 65 000 job opportunities. Railway agency, Prasa will spend R136 billion on the initiative allocating R13 billion to infrastructure development alone.

In line with the South African Social Security Agency's (SASSA) bid to rid the system of corruption and ensure that the right people receive financial aid SASSA will re-register the more than 15 million social grant beneficiaries in the country.

South Africa and the UK are looking to increase economic and trade ties by focusing on exporting high-value-added goods to Britain, the Minister of International Relations and Co-operation Maite Nkoana-Mashabane said.


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