SARS tax crackdown slams brakes on SA’s e-commerce boom

SARS tax crackdown slams brakes on SA’s e-commerce boom

SARS import duties have sharply slowed cross-border e-commerce growth and intensified competition between local retailers and global platforms. (Image source: 123RF) South Africa’s cross-border e-commerce sector is entering a slower, more competitive growth cycle, primarily as a result of the import duties introduced by the South African Revenue Service (SARS) in 2024. This is one…

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Musk hits brakes on Mars mission

Musk hits brakes on Mars mission

SpaceX’s Falcon Heavy Elon Musk said on Sunday that SpaceX has shifted its focus to building a “self‑growing city” on the moon, which could be achieved in less than 10 years. SpaceX still intends to start on Musk’s long-held ambition of a city on Mars within five to seven years, he wrote on his X…

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