Cecil Kilpin | July 2022 Newsletter

By |2022-07-11T13:06:07+02:00July 11th, 2022|Business, Environmental, Finance + Economics, Goverment, Newsletter, Tax|

Doing Business In South Africa .. An Overview! The South African gross domestic product (GDP) expanded by 1,9% in the first quarter of 2022, representing a second consecutive quarter of upward growth. The size of the economy is now at pre-pandemic levels, with real GDP slightly higher than what it was before the COVID-19 pandemic. The National State of Disaster was lifted as from 5 April 2022, and the rules on wearing masks indoors and the limitation on public events and gatherings were all repealed on the 23 June 2022. However, South Africans are feeling the bite of fuel price increases as a result of Russia's war in Ukraine and the rise in the Brent crude oil price. [...]