Yesterday Greek people voted NO to European Union austerity measures implying they would rather leave the Eurozone. But what does the NO vote actually mean for Greece, and what about the effects on the rest of the world?
In this episode we look at stock advisory website Stock Shop, the outlook for Naspers, and the impact of new BEE codes for black entrepreneurs. Finweek Money Matters is a weekly programme aired every Friday 13:00 CAT on CNBC Africa (DSTV Channel 410). The programme focusses on trends, investment analysis and economic debates.
There is a perception among consumers that foreign suppliers of digital services are cheaper, because they are not subject to VAT. These suppliers fall outside the scope of South Africa’s tax system. Affected services include software, online advertising services, IT related services and network services.