Cova Advisory's Caroline Rheeder advised local businesses on the need to wake up to the impact of the new African Continental Free Trade Area (AfCFTA), in an interview with Kaya FM. Click here to... 

Cova Advisory’s Caroline Rheeder has appeared on Classic Business to discuss the future for SA firms under the new AfCFTA. Click here to listen to Rheeder discussing the AfCFTA. 

South Africa has gazetted African free-trade deal regulations, including a list of thousands of products that can be imported and exported duty-free in future years. This could bring new... 

South African businesses have been warned that they are taking too long to cash-in on the savings they can achieve through carbon credits, and to appreciate the effort which will be needed to... 

Under South African carbon tax regulations, companies are able to use carbon credits either from their own registered projects or from third parties to offset a portion of their carbon tax... 

By Sarah Goodbrand Tito is raising his stick against industrial emissions 

The UIF’s COVID-19 TERS has been extended The UIF’s COVID-19 TERS has been extended. Here's what you need to know: What is the extension period? 

All dressed up for auto plan journey with no satnav Documents with the fine print to guide manufacturers on implementing the programme are missing 

It is time for business to pay closer attention to the AfCFTA “It costs less to ship a car from Paris to Lagos than from Accra to Lagos.” 

Dear John, The Department of Environment, Forestry and Fisheries (DEFF) published the Draft Methodological Guidelines on 2 March 2021 for public comment. The deadline for submission will be 21... 

Under South African carbon tax regulations, companies are able to use carbon credits either from their own registered projects or from third parties to offset a portion of their carbon tax... 

On 23 February 2021, the Department of Environment, Forestry and Fisheries (DEFF) gave a presentation at the Portfolio Committee Meeting on the Operationalisation of the Carbon Tax – Carbon Budget... 

Analysis will ensure companies are not late to African free trade party Were it not for the Covid-19 crisis we would undoubtedly have seen a lot more fuss being made about the January 1 launch of... 

The 2021/22 Budget’s focus is on making the tax regime more efficient - whether it’s upgrading SA’s border posts or understanding how best to tax digital giants like Facebook and Google. First... 

Today, Finance Minister Tito Mboweni delivered his 2021/22 National Budget Speech. While we all knew it would be a difficult balancing act, given the challenging financial climate in which we find... 

The painful stick of the carbon tax, introduced in June 2019, is beginning to bite, with the next carbon tax payment due in July 2021. Initially, the financial burden on firms has not been... 

We're thrilled to let you know that the long-awaited Automotive Production Development Programme Phase 2 (APDP2) regulations were published in the Government Gazette dated 11 February 2021. The... 

UIF COVID-19 TERS TO BE EXTENDED The president announced at last night’s State of the Nation Address that the Unemployment Insurance Fund (UIF) Temporary Employer/Employee Relief Scheme (TERS) will... 

In December 2020, the Unemployment Insurance Fund (UIF) appointed seven audit firms and began phase one of its "Follow the Money" project to check the authenticity of Temporary Employer-Employee... 

As engine of the economy industry needs a boost from Mboweni’s incentives budget The vital manufacturing sector could do with heaps more carrots and far fewer sticks 

We're writing to let you know that SARS published a request for comment on the Carbon Tax Environmental Levy forms on 28 January 2021. Comments are due on 18 February 2021. The request for... 

It has come to our attention that SARS (Compliance Operations – Excise) is raising assessments (interest and penalties) on the late submission of declarations and payment of carbon tax in 2020,... 

On 20 January 2021, the following Acts were promulgated: Rates and Monetary Amounts and Amendment of Revenue Laws Act 22 of 2020 (“2020 Rates Act”) Taxation Laws Amendment Act 23 of 2020 (“2020... 

The Tourism Equity Fund (TEF) is a collaborative initiative between the Department of Tourism and the Small Enterprise Finance Agency (SEFA) and was announced by national government on 26 January... 

SARS has formally published the licence rule that a current Carbon Tax license with SARS is applicable to the end of December 2021. The next application to renew your Carbon Tax licence must be... 

It seems that almost every day we see a new headline about the need for the government to find new resources to fund its spiralling spending commitments. We heard in the mini budget a few months... 

Two South African tax consultancies have banded together to ensure they can offer the best possible service to businesses seeking advice on trade, customs, excise tax, data analytics and related... 

South African businesses involved in cross-border trading need to be aware of potential export taxes on the horizon. This was a key point made by XA International Traders and Cova Advisory, both... 

Export taxes becoming more prevalent globally SA is following the trend by introducing an export tax on scrap metal exports in 2021. 

Listening to President Cyril Ramaphosa engaging with US business people last week I was struck by how knowledgeable and interested he is in industry, investment and innovation. He is clued-up on... 

Follow the links below to view the presentations: 1 - Carbon Tax Mitigation SAEEC 

The Medium-Term Budget Policy Statement (MTBPS) affirmed the principles established through the supplementary budget and supports the implementation of the Economic Reconstruction and Recovery Plan... 

Cova Advisory co-founder Duane Newman joined top economist Mike Schussler in a ZA Confidential podcast to discuss the mini-budget, the government response to the pandemic, and the prospects for... 

Cova Advisory’s Duane Newman recently briefed the Tax Indaba on Incentives and Grants, along with PwC’s Kyle Mandy. Click here to listen to the presentation. 

Cova Advisory’s Caroline Rheede recently briefed the Tax Indaba on SARS' Authorised Economic Operator Programme. Click here to listen to the presentation 

Wednesday’s (October 28 2020) medium-term budget policy statement (MTBPS) is expected to be scary and frustrating. Scary because it will further expose the dire state of the SA economy, made worse... 

The Industrial Development Corporation (IDC) and the Department of Trade, Industry & Competition (the dtic) this week published the new guidelines for the Clothing, Textiles, Footwear and Leather... 

South Africa’s post-COVID-19 economy must be centred on stimulating innovation and the digital economy, says Nomalungelo Gina, deputy minister in the Department of Trade, Industry and Competition... 

Covid Advisory’s Moeketsi Marumo speaks to Classic Business about government R&D support and how to keep it flowing now the Covid-19 pandemic has arrived. Please click to listen in. 

An advisory and consultancy service is now available for South African companies seeking assistance in navigating the complexities of the country’s Carbon Tax law. Carbon tax experts Cova Advisory... 

Cova Advisor's Moeketsi Marumo speaks to CNBC Africa on how to fund innovation post-COVID-19. He argues that Research and Development (R&D) plays a key role in industrial development and job... 

Covid Advisory’s Moeketsi Marumo speaks to Classic Business about government R&D support and how to keep it flowing now the Covid-19 pandemic has arrived. Please click to listen in.