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The South African Human Rights Commission (SAHRC) deems the pollution at the Vaal River to be beyond acceptable standards.
South Africa is one of the hardest-hit countries in Africa with over 740,000 infections.
The country recorded 60 more virus-related deaths on Wednesday, bringing the death toll to 20,011.
One such change, introduced in the recently enacted Tax Laws Amendments Act, 2020, may adversely affect ongoing business transactions as well as prospective deals even after the Covid-19 crisis abates.
Ordinarily, when a business sells its assets, Value Added Tax (VAT) or Goods and Services Tax (GST) is chargeable on the assets transferred, subject to any exemptions and reduced rates that apply to the specific assets.
For many jurisdictions worldwide, an overriding tax principle allows the transfer of business assets to occur outside of the scope of VAT provided that some conditions are met.
The recent amendment seeks to tax TOGCs at the current standard VAT rate of 14 percent and so buyers will have to dig deeper to finance business acquisitions.
Whilst it could be argued that the buyers of distressed business assets can claim the VAT incurred on the transaction, the reality is that such assets may not quickly produce adequate revenues to facilitate immediate VAT recovery.
As the novel coronavirus pandemic wipes out a recovery from jihadist attacks in 2015, Tunisia's vital tourism sector is trying to find ways to avoid going under.
\"Tunisia had started off the year well, with an increase in (tourism) revenue of 28 percent,\" said Feriel Gadhoumi, a coordinator at the tourism office.
The sector accounts for around 14 percent of Tunisia's GDP, according to the tourism ministry.
Even before the pandemic struck, a series of crises had weakened Tunisia's tourism sector.
But the collapse in September of British tour operator Thomas Cook, which brought five percent of Tunisia's European tourists, shook some hotels.
Gold sales to Zimbabwe's sole buyer and exporter of bullion Fidelity Printers and Refiners (FPR) fell 31% to 19 tonnes last year after lower deliveries from small-scale miners, official data showed on Monday.
By PAT EATON-ROBB AP Sports Writer ESPN announced Thursday it is laying off about 300 employees and cutting about 500 jobs from its global workforce. The cuts amount to about 10% of the employees at the sports network and are due largely to the impact of the pandemic on its business and the 'tremendous disruption in how fans consume sports.' 'In the short term, we enacted various steps like executive and talent salary reductions, furloughs and budget cuts, and we implemented innovative operations and production approaches, all in an effort to weather the COVID storm,' Jimmy Pitaro, ESPN's chairman, wrote […]
The post ESPN announces 300 layoffs, citing 'disruption' amid virus appeared first on Black News Channel.
President Uhuru Kenyatta has announced plans to help businesses and Kenyans survive the economic storm caused by the coronavirus pandemic.
The president said infrastructure spending is set to be ramped up so as to stimulate and support micro and small business enterprises.
The President also announced that the government will buy locally manufactured vehicles worth Ksh600 million ($6 million)
to promote local car assembly firms.
\"Additionally support will be made available to approximately 160 community conservancies at a cost of Ksh1 billion
The government will hire 5,000 more healthcare workers with diploma and certificate education level for one year to enhance public health system, the President announced.
President Kenyatta vowed to provide the necessary support for healthcare workers in the fight against Covid-19 disease which has now claimed 50 lives in Kenya with 1,192 infections.
The Vaal Dam reached capacity after incessant rain of recent weeks, enough for the sluice gates to be opened on Thursday, 11 February 2021.
Kimi Makwetu was diagnosed with Stage 4 lung cancer in June 2018. He passed away in hospital on Wednesday afternoon.
Gauteng police successfully recovered four missing bodies on Sunday following a tragic accident in which a boat capsized on the Vaal River.
\"Little Amal\", a 3.5m giant puppet representing an 8-year-old Syrian refugee, will embark on an epic 8 000km journey across Europe.
Dear Editor,
Converting the Graham’s Hall Primary School into a shelter for the squatters of Success, East Coast Demerara not only sends a wrong message that the government is treating citizens as refugees, it is unacceptable.
The article Success squatting situation continues to be badly handled by gov’t appeared first on Stabroek News.
Barely a week to the end of the financial year, the East African Community secretariat was yet to make known its spending plans for the financial year that starts on July 1.
Considering that the budget must be deliberated upon by both the EAC Council of Ministers and the legislative assembly before it is passed, the region is clearly short of time.
So, it is difficult to imagine that the corona pandemic that has rattled the region for the past three months could have resulted in a misalignment so significant that it prevented the Council of Ministers from even considering a draft budget.
And as the national budgets that were presented over the past few weeks demonstrate, it is actually possible to have a budget regardless of the Covid-19 turmoil.
The EAC Ministers show commitment by setting aside time to discuss the budget, and other business of the critically important regional bloc.
President Cyril Ramaphosa addressed the nation on Wednesday 11 November 2020. Here are the main points you need to be aware of.
Joan Mir heads into the penultimate round of the MotoGP World Championship in control of his own destiny and sporting a 37-point lead.
President Cyril Ramaphosa has made a lockdown address to the nation on Wednesday night - and he came equipped with a major announcement on alcohol.
Police have resumed the search for four missing people after the boat they were on capsized on the Vaal River.
[Nairobi News] The Nairobi Metropolitan Services (NMS) is set to refurbish the iconic City Square Post Office footbridge along the busy Haile Selassie Avenue even as plans to construct a new one remain in place.
Bafana Bafana left-back Sifiso Hlanti has dismissed rumours of him having an agreement to join Kaizer Chiefs after their transfer ban expires
