The executive chairman of Oppenheimer Generations Jonathan Oppenheimer speaks to Thabiso TT Tema on POWER Drive after making a R1 billion available to cushion SMMEs in the face of Covid-19 in South Africa.

The executive chairman of Oppenheimer Generations Jonathan Oppenheimer speaks to Thabiso TT Tema on POWER Drive after making a R1 billion available to cushion SMMEs in the face of Covid-19 in South Africa.

POWER Drive is a packed news and current affairs show, providing you with a comprehensive round-up of the day’s breaking news. The show features our own POWER News reporters wrapping up the major stories of the day, analysis, sport, market updates, weather and all your calls. POWER Drive host Thabiso Kotane tells you what you need to know with humour and insight as you drive home.

POWER Drive is a packed news and current affairs show, providing you with a comprehensive round-up of the day&rsquo;s breaking news. The show features our own POWER News reporters wrapping up the major stories of the day, analysis, sport, market updates, weather and all your calls. POWER Drive host Thabiso Kotane tells you what you need to know with humour and insight as you drive home.

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Jonathan Oppenheimer on R1 bn to save SMMEs

President Cyril Ramaphosa has nominated four candidates for the vacant deputy chief justice position: Gauteng judge president Dunstan Mlambo, Supreme Court of Appeal president Mahube Molemela, Free State judge president Cagney Musi and Northern Cape judge president Pule Tlaletsi. Letters have been sent to leaders of political parties in parliament and the Judicial Service Commission (JSC) asking them for their views on the candidates. Thabiso Kotane speaks to Research and Advocacy officer at Judges Matters, Mbekezeli Benjamin. 

President Cyril Ramaphosa has nominated four candidates for the vacant deputy chief justice position: Gauteng judge president Dunstan Mlambo, Supreme Court of Appeal president Mahube Molemela, Free State judge president Cagney Musi and Northern Cape judge president Pule Tlaletsi. Letters have been sent to leaders of political parties in parliament and the Judicial Service Commission (JSC) asking them for their views on the candidates. Thabiso Kotane speaks to Research and Advocacy officer at Judges Matters, Mbekezeli&nbsp;Benjamin.&nbsp;

Ramaphosa names four for deputy justice post

Treasury has reversed its decision to increase the Value-Added Tax (VAT) which was due to kick in on the 1st of May. Finance Minister Enoch Godongwana confirmed in a statement earlier today that the VAT rate will remain at 15%, shelving the proposed 0.5 percentage point hike that was announced during his Budget Speech last month. “The decision to forgo the increase follows extensive consultations with political parties, and careful consideration of the recommendations of the parliamentary committees,” the statement read.  Thabiso Kotane speaks to Political Economist, Duma Gqubule. 

Treasury has reversed its decision to increase the Value-Added Tax (VAT) which was due to kick in on the 1st of May. Finance Minister Enoch Godongwana&nbsp;confirmed in a statement earlier today that the VAT rate will remain at 15%, shelving the proposed 0.5 percentage point hike that was announced during his Budget Speech last month. &ldquo;The decision to forgo the increase follows extensive consultations with political parties, and careful consideration of the recommendations of the parliamentary committees,&rdquo; the statement read.&nbsp; Thabiso Kotane speaks to Political Economist, Duma Gqubule.&nbsp;

ANALYSIS - TREASURY SCRAPS VAT HIKE

National Treasury’s plan to address its revenue shortfall through additional collections from the South African Revenue Service (SARS) has been supported by various political parties, both within and outside the executive. The African National Congress (ANC), alongside some of its Government of National Unity (GNU) partners and a few opposition parties, held a joint media briefing in Sandton following the withdrawal of the value-added tax (VAT) increase. Thabiso Kotane speaks to ActionSA Leader, Herman Mashaba. 

National Treasury&rsquo;s plan to address its revenue shortfall through additional&nbsp;collections from the South African Revenue Service (SARS) has been supported by various political parties, both within and outside the executive. The African National Congress (ANC), alongside some of its Government of National Unity (GNU) partners and a few opposition parties, held a joint media briefing in Sandton following the withdrawal of the value-added tax (VAT) increase. Thabiso Kotane speaks to ActionSA Leader, Herman Mashaba.&nbsp;

Jonathan Oppenheimer on R1 bn to save SMMEs

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