Dear All,
Please see the latest happenings for this week.
Alison and her great team.
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ADVERTISING
Parody in South Africa – Addressing the Hippo in the room
A recent advertising parody has caused quite a stir at the watering hole and left consumers questioning whether Hippo.co.za may have been out of line.
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ENVIRONMENTAL
Carbon tax delays ‘will hurt economy’
Further delays to the implementation of carbon taxes and the “inadequate” increase in the tax rate would ignore the socioeconomic effects of failing to mitigate climate change, shareholder activism organisation Just Share says. It was responding to calls from businesses for further delays in the full implementation of carbon taxes in SA. |
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FINANCE
Government taking ‘grey list’ threat seriously: minister
The Department of Justice and Constitutional Development says it is working hard to ensure that South Africa avoids becoming grey listed by the Financial Action Task Force (FATF). The FATF is an international initiative designed by G7 countries in order to combat money laundering. A greylisting by the FATF would hamper South Africa’s ability to attract foreign investment and would knock investor confidence in the country.
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PROPERTY
Expropriation Bill: A major banking crisis is likely to ensue
“Custodial takings” of private property is the enormous threat to the economy posed by the Expropriation Bill, the draft law set to be considered this week by the portfolio committee on public works and infrastructure, and likely sent on to the National Assembly for its endorsement.
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