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“They lied to us and took the money that was supposed to help grow our businesses. This whole thing is a scam,” said Motaung.
“I thought having a job would bring financial stability, but, it has brought nothing but a constant struggle to make ends meet,” said Mukwebo.
There a big changes coming for South African businesses and how much they pay their different employees.
South African Airways (SAA) has opened applications to fill five key executive leadership positions, including the role of chief executive, as the airline tries to maintain some stability after the collapse of the Takatso deal fell through.
The Department of Public Enterprises said it has not withheld any documents on the sale of SAA.
Section 155 of the Tax Administration Act specifies that Sars can deem you, as the representative taxpayer, responsible if, in their judgment you dispose of any assets that could have been used to pay off the tax debts.
What’s odd about his “investment” was that the returns were fairly pedestrian – circulating news reports put the figure at about 13% a year since the 2008 financial crisis.
Cosatu said the crisis at Transnet was threatening 35,000 jobs in the mining sector and called on President Cyril Ramaphosa to take swift action.
Toshiba said a previously announced scheme to take the troubled Japanese conglomerate private in a deal worth around $14 billion (R260bn) will launch on Tuesday.
It is to Shinzo Abe’s credit that the term “quality infrastructure” was coined and mainstreamed into the global financing of infrastructure by the G20, he said.
Lekwa is technically insolvent as its liabilities exceeds its assets by R741 million, mainly due to arrears Eskom and Rand Water debt.
Treasury yesterday tabled a Special Appropriation Bill to Parliament showing that it will make R2. 7 billion available to SAA’s subsidiaries.