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May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 24 2012 15:29
The Reserve Bank will maintain current interest rates, says governor Gill Marcus.
May 24 2012 12:00
Britain fell deeper into recession than initially thought in the first quarter of 2012, upping chances that the central bank could inject more stimulus into the economy.
Cape Town - Since he was elected president of the ANC Youth League two years ago,
Julius Malema has apparently not paid any tax.
In addition, not one of the four companies of which he was still a registered director and shareholder, complied with tax regulations.
It also transpired that his engineering company SGL at the end of last year was awarded an additional 13 contracts by the Polokwane municipality.
This was apart from the tenders of more than R140m that SGL received from another eight municipalities in Limpopo between 2007 and 2009.
An inquiry last month found that construction on all of these contracts was extremely shoddy or never completed.
ID leader Patricia De Lille learned confidentially that Malema's companies also had not received certificates to verify that their tax matters were in order.
City Press apparently learned that the SA Revenue Service has appointed a senior investigation team to look into Malema's affairs.
Malema recently said that Sars was welcome to investigate him and said he was being targeted.