The SA Law Commission has released a paper on limited compensation for some victims of crime, including rape victims. According to press reports the proposal suggests that rape victims be awarded the sum of R2,000. The proposal is compassionate, generous and wrong. While no one can question the motives behind
Everyone is talking about the plummeting rand and there are as many theories about the cause as there are commentators. As some contend, Robert Mugabe’s autocratic behaviour has probably induced some foreign investors to sell their South African investments. And our high crime rates certainly don’t encourage foreigners to invest
Crime will continue to increase in SA until crime does not pay. Government has to take steps to make crime less profitable than other ways of earning a living. Economic incentives and disincentives must be brought to bear on the problem.
The government spends a steady proportion of total taxes on
Right after the March 31 closing date for submissions on the Minerals Development Bill, the Sunday Times carried two items on the subject. The Royal Bafokeng had a full-page advertisement about the Bill depriving them of their mining royalties by expropriation without compensation. And ‘following the Bill’s roasting by London
When Donald Rumsfeld made his famous crack about “New Europe” versus Old, he was speaking about foreign policy. But it turns out the spirit of the new is also sweeping economic policy: Flat tax fever is spreading across Eastern Europe.
Russia instituted a 13 percent flat rate on income in
All of a country’s taxes, whether on personal income, sales, property, corporate profits, international trade or whatever, are eventually paid by its people. If the government says it is going to spend R100 million on a project, it means that the government is going to take that full amount from
