The Cape Navigator

Seaside Community Newspaper


BPSA Suffers Setback in Fuel Export Dispute with SARS

File photo by Kacper Pempel (Reuters).

The South African Revenue Service (SARS) has secured a significant victory in its ongoing legal dispute with British Petroleum of South Africa (BPSA). The High Court has dismissed BPSA’s application for leave to appeal against the Commissioner’s decision to refuse fuel export refund claims and levy forfeiture. The dispute centres around BPSA’s claims for refunds […]

South Africa Records R14.1 Billion Trade Surplus in December 2023

Photo by Steve Buissinne.

South Africa closed out 2023 on a positive note, achieving a trade surplus of R14.1 billion in December. This surplus was driven by exports totalling R164.0 billion and imports amounting to R149.9 billion, including trade with Botswana, Eswatini, Lesotho, and Namibia (BELN). Yearly Overview For the entire year of 2023 (from January to December), South […]

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