Proposed broadened work tax incentive would run for four months

The Treasury has proposed a four-month extension of the broadened employment tax incentive, which is aimed at helping employers retain employees during lockdown conditions imposed by the Covid-19 pandemic.

The measure is also aimed at assisting businesses negatively affected by the extensive looting and violence that ripped through KwaZulu-Natal and Gauteng earlier in July...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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Credit extension falls for fourth month in June amid business cautionLoans and advances fell 0.5% year on year in June, with corporate activity still subdued, even as demand from households remains robust
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World races to contain Delta variant, US steps up anti-virus planUS President Joe Biden offering new incentives to vaccine holdouts and Israel authorising booster shots.
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Standard Bank platform provides four-million meals in seven monthsSPONSORED | StandardBankZA A donation of R100, for example, will provide the equivalent of a nutritious food basket containing cabbages, potatoes, butternut, apples, beetroot, and a banana.
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