Treasury wants South Africans to kiss incandescent light bulbs goodbye: Treasury has announced tax hikes on incandescent light bulbs, complementing regulations that will ban the sale of inefficient lamps. – MyBroadband
Back to work for Vodacom: Vodacom has ended work-from-home for senior staff. – MyBroadband
Bad news for home solar tax rebates: It might be too late to benefit from the rooftop solar tax rebate if you have not already confirmed an installation date for a system before the end of February. – MyBroadband
Treasury announces big fuel, alcohol, and tobacco tax increases for South Africa: The finance minister also announced new support for EV manufacturers in South Africa. However, it will only be available two years down the line. – MyBroadband
Government pension fund shuts down systems to fight cyberattack: The Government Employees Pension Fund’s reasoning behind the “outage” has chopped and changed several times in the past week. – MyBroadband
South Africa’s big electric car tax conundrum: Expectations are high that sweeping financial incentives will be announced in the 2024 Budget to boost the local manufacturing of electric cars. However, consumers interested in these vehicles should not have high hopes for big price cuts due to tax reductions at this stage. – MyBroadband
Electricity minister’s plan to fix grid capacity problem: Electricity minister Kgosientsho Ramokgopa has plans to expand transmission lines in the Cape and unlock 2,335MW of energy in the short-term. – MyBroadband
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