On Wednesday, 27 February, Finance Minister Pravin Gordhan delivered a safe budget with no real surprises, with R7-billion personal tax relief that is R2.5-billion less than in the previous tax year 2012/13. 

In his opening address at KPMG’s Budget Watch 2013 event, Bobby Godsell, chairperson of Business Leadership SA, applauded government’s demonstrated support for the National Development Plan (NDP), but said that he felt the connection between Minister Pravin Gordhan’s budget and the NDP was not made clear enough. “We know that the ANC likes the NDP, but there are still questions around implementation.” 

While corporate social responsibility advocates have called for greater philanthropic investment into small businesses, economists and investors are increasingly making the case for 'pure business'.

The Climate Investment Funds (CIF) has announced an agreement to provide Nigeria with US$50 million to support an African Development Bank-supported programme of financial intermediation for renewable energy and energy efficiency through local banks, as part of the country’s national Investment Plan endorsed by the CIF in 2010.

Tintswalo Property Group, which owns four boutique lodges, is aware of credit card fraud in its hotels and has pertinent advice for hoteliers seeking ways to prevent this type of fraud occurring, notes Tintswalo Property Group chief executive, Lisa Goosen.