BUDGET 2026 BOOSTS SME RELIEF AS VAT THRESHOLD RISES TO R2.3 MILLION

BY: TANA MALINGA South Africa’s 2026 National Budget has introduced targeted relief measures for small and medium-sized enterprises (SMEs), highlighted by a significant increase in the Value Added Tax (VAT) registration threshold and enhanced capital gains tax exemptions for qualifying business owners. In his Budget Speech, Finance Minister Enoch Godongwana announced that the VAT registration…

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ABSA AND FEENIX TRUST CLEAR HISTORICAL STUDENT DEBT TO UNLOCK GRADUATE OPPORTUNITIES

BY: TANA MALINGA For many South African students, completing a qualification does not always lead to the next chapter of opportunity. Each year, thousands finish their studies but remain unable to graduate due to unpaid university fees from previous academic years. This unpaid balance, known as historical debt, refers to outstanding fees owed to universities…

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FLYSAFAIR RETURNS TO HOEDSPRUIT, REOPENING THE GATEWAY TO LIMPOPO’S WILDLIFE HEARTLAND

BY:TANA MALINGA FlySafair has resumed its scheduled flights to and from Hoedspruit Airport (HDS) from 17 February 2026, following the successful refurbishment of the airport’s main runway. The runway had been severely damaged by the devastating floods that struck Limpopo in January. During the disruption, Hoedspruit Airport remained partially operational. Smaller carriers continued operating via…

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STANDARD BANK INVESTS R1 BILLION TO STRENGTHEN DIGITAL BANKING FOR BUSINESS CLIENTS

BY:TANA MALINGA Standard Bank has invested R1 billion to enhance its online banking platform, reinforcing the digital banking experience for Business and Commercial Banking (BCB) clients. Launched in October 2024, the upgraded platform forms part of a phased client migration journey. Enhancements are introduced progressively as part of the bank’s broader digital modernisation programme. All…

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INFORMAL SECTOR GROWTH GAINS MOMENTUM AS First National Bank COMMITS R18 BILLION TO COMMUNITY ECONOMY

BY: TANA MALINGA First National Bank (FNB) continues to strengthen South Africa’s informal and community economy through an R18 billion funding commitment that now supports more than 250,000 entrepreneurs nationwide. In the most recent financial year alone, the bank expanded this portfolio by over R2 billion, enabling more small business owners to access the capital…

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