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South Africa government losing millions to trade mis-invoicing

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 Insights

21-Nov-18 The South African government has lost an estimated USD37 bn from 'misinvoicing' between 2010 and 2014. The losses can be traced back to the practice of misinvoicing, where companies illicitly misrepresent the value of cross-border trade on an invoice. [image: Pymnts]

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45 percent of Chinese companies expect business travel budget to rise

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 Insights

26-Oct-18 45 percent of Chinese companies expect business travel spending to increase in the coming year. Business travel expenditure on domestic China trips has increased by 18 percent over 2017, indicating business activity within tier-two and -three cities is rising. [image: Tourism News / eTN.travel]

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