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<title>PwC South Africa - Latest Press Room News</title>
<link>http://www.pwc.com/za</link>
<description>PricewaterhouseCoopers South Africa: Latest publications, press releases from our industry experts</description>
<language>en-en</language>
<copyright>2008 PricewaterhouseCoopers South Africa</copyright>

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  <title>Logo PricewaterhouseCoopers</title>
  <url>http://www.pwc.com/images/topnav/pwc.gif</url>
  <link>http://www.pwc.com</link>
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<item>
  <title>PwC voted Top Brand!</title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/F4680B8AC8EDE323802574A50042F00D</link>
  <description>For the second consecutive year, PricewaterhouseCoopers has been voted the 'Top Brand' in its category in the annual Sunday Times/Markinor Top Brands Survey for 2008. </description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/F4680B8AC8EDE323802574A50042F00D</guid>
  <pubDate>Tue, 14 August 2008</pubDate>
</item>

<item>
  <title>Flare - highlighting public sector issues</title>
  <link>http://www.pwc.com//extweb/pwcpublications.nsf/docid/3F9BC28C197DEF17802574A500544882</link>
  <description>In looking at the continuous and evolving developments in our country, the demand for improved service delivery is still a primary prerequisite for South Africans; particularly those living in under-developed areas. </description>
  <guid>>http://www.pwc.com//extweb/pwcpublications.nsf/docid/3F9BC28C197DEF17802574A500544882</guid>
  <pubDate>Tue, 14 August 2008</pubDate>
</item>

<item>
  <title>Revenues soaring but with costs eating into margins, is this as good as it gets for many miners?</title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/FE9BDB6D7C1599F38025746B00481D33</link>
  <description>Press Release - A report by PricewaterhouseCoopers, ‘Mine – As good as it gets?' - The fifth annual report provides a comprehensive analysis of the financial performance and position of the global mining industry and also discusses current trends in the global mining industry.</description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/FE9BDB6D7C1599F38025746B00481D33</guid>
  <pubDate>Tue, 17 June 2008</pubDate>
</item>

<item>
  <title>Forest, Paper and packaging CEOs go back to basics in an evolving world</title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/6DDEAF054B61866A80257466005323B8</link>
  <description>Forest, paper and packaging (FPP) companies are adjusting to a changing environment, according to CEO Perspectives, launched today 12 June 2008 by PricewaterhouseCoopers.</description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/6DDEAF054B61866A80257466005323B8</guid>
  <pubDate>Thu, 12 June 2008</pubDate>
</item>

<item>
  <title>India-SA business relations set to soar despite some challenges in both directions</title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/C2FCF22EE15E6F8980257456002B5B73</link>
  <description>Indian companies expanding into SA perceive the country to be an excellent investment destination and a \“gateway\” to Africa and African investment.</description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/C2FCF22EE15E6F8980257456002B5B73</guid>
  <pubDate>Tue, 27 May 2008</pubDate>
</item>

<item>
  <title>Tax Freedom Day 2008</title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/FA4451B48E475AEB80257444003042AA</link>
  <description>Tax Freedom Day is the day on which the average South African taxpayer has earned enough money to cover this year\’s tax bill and can start spending money on himself or herself. In effect the total earnings of the average South African taxpayer from 1 January 2008 to 11 May 2008 is equal to the total taxes that they have to pay for 2008.</description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/FA4451B48E475AEB80257444003042AA</guid>
  <pubDate>Thu, 08 May 2008</pubDate>
</item>

<item>
  <title>'Banana Skins’ report identifies top risks facing banks</title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/9A4EE22113E08A058025744100281D77</link>
  <description>Turmoil in global financial markets has completely transformed the risk landscape, according to the latest \‘Banking Banana Skins\’ survey conducted by the Centre for the Study of Financial Innovation, in association with PricewaterhouseCoopers.The survey has also observed a sharp rise in concern over shortage in liquidity. However, in South Africa, this rated seventh in areas of concern. </description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/9A4EE22113E08A058025744100281D77</guid>
  <pubDate>Tue, 06 May 2008</pubDate>
</item>

<item>
  <title>Income accrues to a taxpayer only if he is \“entitled\” to it </title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/559A62551C0C454580257430006987FE</link>
  <description>In this case, the taxpayer had invoiced a client for two amounts in respect of fees for professional services rendered, the first for some R20 million and the second for some R12 million. The latter amount, but not the former, had been paid by the client. The taxpayer disclosed both amounts in his income tax return lodged with SARS as income that had “accrued”.</description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/559A62551C0C454580257430006987FE</guid>
  <pubDate>Wed, 16 April 2008</pubDate>
</item>

<item>
  <title>Consumer is king when it comes to convergence of communication and technology</title>
  <link>http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/AE59032020A0DDB5802574300068D9CC</link>
  <description>We are seeing greater digital convergence than ever before, as evidenced by the integration of computers, telephones, recording and broadcast technologies, all leading to newer and more effective means of communication. The traditional BBC is now broadcasting on the Internet, Apple Computers supplies digital music and video downloads, Google is more of an advertising company than a search engine and Microsoft has proclaimed it is a media, not an IT, company. The traditional divides between those in technology, those in information and communications, and those in entertainment and media have become extremely blurred.</description>
  <guid>http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/AE59032020A0DDB5802574300068D9CC</guid>
  <pubDate>Mon, 14 April 2008</pubDate>
</item>

<item>
  <title>Proving intention for tax purposes usually requires more than a simple statement or a single witness</title>
  <link>http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/63C1B703B502D6CB8025743000682464</link>
  <description>The taxability of profits made on the sale of any kind of asset depends, to a considerable extent, on the intention of the taxpayer at the time the property was acquired. </description>
  <guid>http://www.pwc.com/Extweb/ncpressrelease.nsf/docid/63C1B703B502D6CB8025743000682464</guid>
  <pubDate>Mon, 07 April 2008</pubDate>
</item>

<item>
  <title>PwC survey shows Indian corporates face the same tax risk challenges as their South African counterparts</title>
  <link>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/AFAE44FB194D71628025743000672013</link>
  <description>The survey is based on the responses of over 80 corporates in various industries, including those in services, manufacturing, and banking and financial services. It profiles the tax risk management trends and perceptions amongst businesses in India and provides insight for lawmakers, taxpayers and advisors on how to strengthen their own practices of managing and dealing with tax risk.</description>
  <guid>http://www.pwc.com/extweb/ncpressrelease.nsf/docid/AFAE44FB194D71628025743000672013</guid>
  <pubDate>Thu, 03 April 2008</pubDate>
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