Africa briefs
SA undershoots revenue target by R0.7b
The taxman collected R1.216 trillion in revenue for the 2017/18 financial year - R0.7billion or 0.06% lower than the R1.217 trillion target set by National Treasury.
Finance minister Nhlanhla Nene made the announcement at a briefing on the preliminary results at South African Revenue Service (SARS) headquarters in Pretoria on Tuesday. Acting commissioner Mark Kingon also delivered an address.
According to SARS, R1.451trillion was collected and refunds amounted to R234.3billion, bringing the net figure to R1.216 trillion. Revenue represents growth of 6.3% or R72.4billion.
“Well done to SARS and the people of South Africa who made this possible,” Nene said of the results.
-Fin24
Zambia partially lifts ban on SA listeriosis-risky food
Zambia says it has partially lifted a ban on processed meat and dairy products from South Africa that were linked to the world’s worst outbreak of listeriosis.
Tests of at-risk foods from South African manufacturers did not reveal the presence of the bacteria that caused the deadly outbreak, Listeria monocytogenes, Health Minister Chitalu Chilufya said in a statement on Tuesday.
The import ban will continue to apply on at-risk foods from two units of Tiger Brands, Enterprise Foods and the company’s Rainbow brand, he said.
-Fin24
South Africa's new vehicle sales up 1%
South Africa’s new vehicle sales rose 1.1% year-on-year to 49,233 units in March, data from the trade and industry department showed on Tuesday.
Exports fell 8.1% to 27,438 units compared with the same month a year earlier, the department said.
-Nampa/Reuters
Ivory Coast cocoa farmers predict good harvest
Ivory Coast cocoa farmers said their trees were loaded with ripe cocoa pods and that sunny intervals last week enabled crops to dry, quelling fears that low rainfall earlier this year might have hit production. The government last week said it is expecting around 500 000 tonnes of beans for the April-to-September mid-crop harvest which has just started, and around 2 million tonnes of beans in total for the 2017/18 season, not far off record highs seen the previous season.
-Nampa/Reuters
Tunisia's tourism revenues grow 23%
Tunisia’s tourism revenues rose 23% year-on-year in the first three months of 2018, the government said on Tuesday, as the sector recovers from two militant attacks on holidaymakers in 2015. Tourism minister Salma Loumi forecast last month that arrivals would reach a record 8 million this year, fully reversing the damage inflicted by the attacks.
“Revenues rose by 23% from 371 million dinars (US$153 million) in the first three months of 2017 to 457 million dinars (US$188 million) in the first three months of 2018,” the tourism ministry said in statement.
-Nampa/Reuters
The taxman collected R1.216 trillion in revenue for the 2017/18 financial year - R0.7billion or 0.06% lower than the R1.217 trillion target set by National Treasury.
Finance minister Nhlanhla Nene made the announcement at a briefing on the preliminary results at South African Revenue Service (SARS) headquarters in Pretoria on Tuesday. Acting commissioner Mark Kingon also delivered an address.
According to SARS, R1.451trillion was collected and refunds amounted to R234.3billion, bringing the net figure to R1.216 trillion. Revenue represents growth of 6.3% or R72.4billion.
“Well done to SARS and the people of South Africa who made this possible,” Nene said of the results.
-Fin24
Zambia partially lifts ban on SA listeriosis-risky food
Zambia says it has partially lifted a ban on processed meat and dairy products from South Africa that were linked to the world’s worst outbreak of listeriosis.
Tests of at-risk foods from South African manufacturers did not reveal the presence of the bacteria that caused the deadly outbreak, Listeria monocytogenes, Health Minister Chitalu Chilufya said in a statement on Tuesday.
The import ban will continue to apply on at-risk foods from two units of Tiger Brands, Enterprise Foods and the company’s Rainbow brand, he said.
-Fin24
South Africa's new vehicle sales up 1%
South Africa’s new vehicle sales rose 1.1% year-on-year to 49,233 units in March, data from the trade and industry department showed on Tuesday.
Exports fell 8.1% to 27,438 units compared with the same month a year earlier, the department said.
-Nampa/Reuters
Ivory Coast cocoa farmers predict good harvest
Ivory Coast cocoa farmers said their trees were loaded with ripe cocoa pods and that sunny intervals last week enabled crops to dry, quelling fears that low rainfall earlier this year might have hit production. The government last week said it is expecting around 500 000 tonnes of beans for the April-to-September mid-crop harvest which has just started, and around 2 million tonnes of beans in total for the 2017/18 season, not far off record highs seen the previous season.
-Nampa/Reuters
Tunisia's tourism revenues grow 23%
Tunisia’s tourism revenues rose 23% year-on-year in the first three months of 2018, the government said on Tuesday, as the sector recovers from two militant attacks on holidaymakers in 2015. Tourism minister Salma Loumi forecast last month that arrivals would reach a record 8 million this year, fully reversing the damage inflicted by the attacks.
“Revenues rose by 23% from 371 million dinars (US$153 million) in the first three months of 2017 to 457 million dinars (US$188 million) in the first three months of 2018,” the tourism ministry said in statement.
-Nampa/Reuters
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