Sage Press Room

A survey by Sage, ICC, and PwC UK of over 16,000 SMEs highlights a disconnect : 70 %  of South African SMEs prioritise sustainability but only 4 % report  on their impact. Reducing barriers could open up new financial avenues, growth, and employment opportunities for SMEs. Sage recommends more straightforward reporting frameworks and better tech support to help SMEs act on sustainability.

SARS requires employers to submit tax certificate information monthly. This new approach to tax administration is expected to take effect from the 2025/6 tax year. The PAGSA, of which Sage is an executive member, is collaborating with SARS to understand and implement the new requirements.

Half of SMBs have experienced a security incident in the last year.

Sage enhances software for SMEs to comply with VAT domestic reverse charge (DRC) regulations on valuable metals.

Sustainability & Society Team expands, aligning reporting with the Global Reporting Initiative (GRI 2016) core standard.