Taxation

South Africa has a residence-based tax system, which means residents are – subject to certain exclusions – taxed on their worldwide income, irrespective of where their income was earned.

Non-residents are, however, taxed on their income from a South African source, but subject to the provisions of international agreements for the avoidance of double tax.

Most of the state’s income is derived from income tax, although nearly a third of total revenue from government taxes comes from indirect taxes, primarily value-added tax.

State-Owned Enterprises

State-Owned Enterprises

SOEs are responsible for the development of key infrastructure and manufacturing capacity for...

JHB Stock Exchange

JHB Stock Exchange

The Johannesburg Stock Exchange (JSE) is privately owned and funded, and governed by a board of...

Banking Industry

Banking Industry

Banking Industry. South Africa has 31 banking institutions – 10 locally controlled, six...

Exchange Control

Exchange Control

Exchange-control regulations are administered by the South African Reserve Bank on behalf of the...

Livestock

Livestock

Animal production contributes approximately 41% to the country's agricultural GDP. About 500 000...

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