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3 Key Emigration Destinations For South Africans

3 Key Emigration Destinations For South Africans
iafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iafrica.com Daily Mail and Mail on Sunday newspapers.

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Nigerian stocks halt three-day bull run as investors take profit

Traders’ risk-off disposition to bellwether stocks like MTN Nigeria, GTB, and Nigerian Breweries triggered the slide. ....

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Breaking News | Growth In Fire Insurance Slows Down

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Great Nigeria Insurance Company Limited, popularly called Great Nigeria House on fire. •Claims also decline •Operators’ bemoan public apathy By Rosemary Iwunze Patronage of fire insurance appears to have been reversed as growth rate in premium amongst major insurance companies suffers set back.
Financial Vanguard’s findings on cumulative financial records of about eight of the insurance companies show that the fire policy premium at N13.4 billion, grew by 19 percent year-on-year, YoY, as against the 59.2 percent recorded in the corresponding period of 2019.
In 2019, fire insurance skyrocketed by 59.2 per cent YoY to N11.19 billion from N7.03 billion in 2018, a sort of recovery from the 35.5 percent decline recorded in the 2018 figure against the N10.9 billion in 2017. ....

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Growth in fire insurance slows down - Vanguard News

Growth in fire insurance slows down - Vanguard News
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

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Offshore Holdings: What To Do When SARS Comes Knocking

iAfrica
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In line with its pledge earlier this year to increase its focus on wealthy individuals and offshore holdings, the South African Revenue Service (SARS) has started contacting South African taxpayers with financial accounts abroad to request information. The aim is to see how much has been disclosed in prior tax returns and to assess any underpayments.
SARS’ newfound reach is thanks to the Common Reporting Standard (CRS), which sees 87 countries around the world sharing the account information of the world’s taxpayers. The CRS was born out of the American initiative, the Foreign Account Tax Compliance Act (FATCA), essentially widening the scope internationally. CRS aims to collect information on the member states citizens’ offshore assets, and has been adopted by many countries as a method to s ....

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