Random News

eriinfo

Tag: tax

I/ONX Shatters the Host Tax: New Symphony SixtyFour Architecture Delivers 50% TCO Savings Across AI Inference and Fine-Tuning Lifecycle

I/ONX Shatters the Host Tax: New Symphony SixtyFour Architecture Delivers 50% TCO Savings Across AI Inference and Fine-Tuning Lifecycle

eriinfo.com05 mins

I/ONX Introduces Symphony SixtyFour: The Host Tax is Over. Save 30-50% on your AI Infrastructure Costs. I/ONX High Performance Compute (HPC), a leading provider of heterogeneous AI systems, today announced the global launch of the Symphony SixtyFour, a high-density platform designed to collapse the physical and economic footprint of AI inference and fine-tuning infrastructure. By…

Read More
How a connectivity levy became a tax on telecoms

How a connectivity levy became a tax on telecoms

eriinfo.com09 mins

The legal and institutional framework underpinning South Africa’s universal service obligations in telecommunications is no longer fit for purpose, industry leaders have warned. The levy paid by licence holders increasingly resembles a general tax rather than a ring-fenced contribution to closing the country’s connectivity gaps, they said. Telecoms licensees pay 0.2% of their licensed revenue…

Read More
SARS crosses R2tn as AI reshapes tax collection

SARS crosses R2tn as AI reshapes tax collection

eriinfo.com06 mins

SARS is increasingly turning to tech to pull in more tax. (Image: Nicola Mawson | Freepik and GenAI) Artificial intelligence (AI) helped the South African Revenue Service (SARS) surpass the R2 trillion mark in net revenue collection for the 2025/26 financial year – a historic first – as it simultaneously unveiled its Modernisation 3.0 digital…

Read More
Increased import tax on Chinese cars?

Increased import tax on Chinese cars?

eriinfo.com01 mins

The South African automotive landscape is at a crossroads as the Department of Trade, Industry, and Competition (DTIC) considers doubling vehicle import duties from 25% to 50%. While intended to curb the influx of affordable models from China and India and protect local manufacturing, industry titans, led by Volkswagen Group South Africa (VWSA) and BMW,…

Read More
Africa: Why the President Needs to Stop Efforts to Scupper South Africa’s Carbon Tax

Africa: Why the President Needs to Stop Efforts to Scupper South Africa’s Carbon Tax

eriinfo.com02 mins

A robust carbon tax keeps more revenue in South Africa and encourages local companies to reduce product emissions to improve competitiveness in international markets, and it aligns with international support for decarbonisation efforts here. The carbon tax is an important economic instrument in South Africa. Yet it is now uncertain whether the country will continue…

Read More
Free Market Foundation slams treasury’s proposed gambling tax

Free Market Foundation slams treasury’s proposed gambling tax

eriinfo.com07 mins

The Free Market Foundation (FMF) is demanding that a national 20% tax for online gambling proposed by the national treasury be withdrawn and reconsidered within South Africa’s existing decentralised regulatory regime. It said the proposed tax will undermine provincial authority and overburden legal gambling operators, and risks driving consumers further towards unregulated offshore platforms, which…

Read More
Africa: Trauma Tax is Africa’s Hidden Economic Burden

Africa: Trauma Tax is Africa’s Hidden Economic Burden

eriinfo.com012 mins

As 2026 opens, conflict remains a permanent global condition, not an exception. More than 185,000 political violence events were recorded in 2025, directly exposing 831 million  people—16% of humanity—to violence. The new year has brought no respite: Venezuela’s government collapsed in a U.S. military operation, Russia deployed hypersonic missiles near Ukraine’s NATO border, and Sudan…

Read More