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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. 

Applications for the Temporary Employee/Employer Relief Scheme (TERS) will reopen in March. This comes after the President announced that the relief scheme would be extended for sectors affected by the Covid-19 lockdown. 

President Cyril Ramaphosa and Health Minister Zweli Mkhize were among the first to receive the Johnson&Johnson vaccine. 

The first 80 000 doses of the Johnson&Johnson vaccine has officially arrived in South Africa. The vaccine landed at OR Tambo International Airport on Tuesday evening.

wine

Working from home has become a normal part of business life, a part that is unlikely to come to a crashing halt any time soon. Within this new normal are casual clothes, comfortable working conditions, as well as less time spent in cars and chatting around the water cooler. These changes are immensely valuable to both employer and employee – boosting morale, productivity and work/life balance.

Some changes have been made to the government's vaccine rollout plan. This follows the suspension of the AstraZeneca vaccine rollout. 

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