FED on transfer of immoveable property
“Accordingly CVT was abolished through the Finance Act 2010 as charge and levy of CVT became a provincial subject. Different provinces have started levy and collection of CVT on immoveable…
Fed considers rule tweak that could save biggest US banks billions in capital
The US Federal Reserve is considering a rule change that could save the country’s eight largest banks combined billions of dollars in capital, in a potential long-sought win for the…
Economic policy, federal budget and role of opposition
‘…the existence of the opposition is ‘nearly the most distinctive characteristic of democracy’. In parliamentary democracies, since government and parliamentary majorities often coincide, the opposition is expected to function as…
Provincial surplus and the federal budget
To formulate federal and provincial budgets necessitates engagement between the federal government and its federating units on two critical items: projected share of each province from the divisible pool and…
Federal budget and pro-cyclical policy
The federal budget, due to come into effect in the next few days, has continued with the pro-cyclical policy approach, whereby as growth continues to remain stuck in a low…
An appraisal of FY25 federal budget
The Federal budget for 2024-25 has been presented in a mixed economic environment characterised by both positive and negative developments. The GDP growth rate has turned positive to 2.4% from…
A stagflationary federal budget
Stagflation is a situation when economic growth is stagnating, and inflation is also increasing. Growth requires increase in domestic production, which, in turn, needs investment. It is only the second…
Fed up with inaction, Germany’s climate activists contest EU elections
German activist Lina Eichler regularly used to stick her hands to roads to block traffic in protest at what she saw as inaction in combating the climate crisis. Now the…
Fed’s Williams welcomes inflation data, not ready to seek rate cuts
Federal Reserve Bank of New York President John Williams welcomed the arrival of softer consumer inflation data, he told Reuters, but said that positive news is not enough to call…
Steady Fed outlook boosts stock market’s hopes for coveted ‘soft landing’
A US stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank stuck with its rate cut projections for 2024 despite stronger-than-expected…
