SARS warns against defrauding the entity
The South African Revenue Service (SARS) has warned officials and the public against defrauding the entity as action will be taken against those who...
Managing business risks: easy steps any SME can take today
Small business owners should consider risk management and mitigation as a valuable form of insurance against any eventuality. It will help them protect the...
Consumers beware: Some banks are still collecting on prescribed debts
The law forbidding creditors from collecting on prescribed debts which falls under the National Credit Act 34 of 2005 (NCA) is well-known, established and...
CA intake drops by 24%
THERE is a vast undersupply of CAs in the market, and the bad news is its only going to get worse. The number of...
The Week Ahead: The calm before the storm
Locally, there are no major releases scheduled for the week ahead.
On the corporate actions front, Tuesday marks the last day to trade British American...
Western Cape remains an attractive destination for foreign direct investment
Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...
FNB announces fuel hike relief for nearly 3.4 million customers
FNB helps customers against record fuel prices with an extra R2 per litre back in eBucks no matter the reward level
Ahead of yet another...
SARS streamlines auto assessments for the 2022 tax filing season
Taxpayers who are satisfied with their auto assessments need not take any further action, under the new procedures introduced by SARS for the 2022 tax filing...
CPI reaches 6.5%
Annual consumer price inflation (CPI) reached 6.5% in May, Statistics South Africa (Stats SA) has revealed.
The figure is a 0.7% increase from the 5.9%...
Finding financial success when you have too much debt to save
Debt management firm, DebtBusters, recently released its Debt Index for the first quarter of 2022, which shows that middle-class South Africans are falling further into...
Business Advisory & Financial Services News
Cape Business News (CBN) provides insights into business advisory and financial services news, highlighting trends in investment, risk management, and financial planning. This sector’s news includes updates on mergers, acquisitions, and regulatory changes impacting financial markets in South Africa. CBN covers topics like fintech innovations, strategic consulting, and advisory services that help companies navigate economic challenges and growth opportunities. Financial news on CBN is essential for professionals in finance and business strategy, offering updates that support effective decision-making in today’s complex economic landscape.