MENA’s wealth surge: Saudi & UAE to witness over 105% growth in 10 years
In January, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE joined the original BRICS cohort, which comprised Brazil, Russia, India, China, and South Africa...
Tag : South Africa
Saudi Arabia’s E-Visa system gets South Africa’s thumbs-up
The one-year multi-entry e-visa permits visitors to stay in the Kingdom for up to ninety days at a time...
New Development Bank sells rand-denominated bonds for first time, expert hails move
In August 2023, the New Development Bank reportedly issued both R1 billion five-year bond and R500 million three-year note, as the auction attracted R2.67 billion in bids...
Saudi Arabia introduces visitor visas for eight new countries
Nationals are allowed a single entry and a six-month stay in Saudi Arabia with the e-visa waiver...
South Africa nearing end of daily power cuts: Electricity Minister Ramokgopa
Kgosientsho Ramokgopa said South Africa is reaching a stage where power generation can keep up with demand and load shedding will drop from Level 6 to Level 3 within six weeks...
After a two-year hiatus, US oil shipment heads to South Africa
Kpler data show that Saudi Arabia, West and Central Africa, and South Africa are the primary sources of South Africa's oil...
PayShap: South Africa’s first rapid payments programme
In the initial phase, PayShap users can access the real-time payment feature to pay recipients instantly, using either their bank details or a proxy via a unique identifier called ShapID...
Employment Tax Incentive: South Africa’s latest weapon to solve unemployment crisis
The employer may claim the total Employment Tax Incentive calculated for all qualified employees, which will lower the PAYE tax due...