Latest news with #R16.7


The South African
08-06-2025
- Entertainment
- The South African
Jason Momoa and Roman Reigns set to shake up 'Street Fighter'
The world of Street Fighter is about to get a serious injection of muscle, charisma, and star power. Legendary Pictures is rebooting the iconic video game franchise for the big screen, with two heavyweights: Jason Momoa and Roman Reigns. Jason Momoa, fresh off his global box office smash A Minecraft Movie (which raked in over R16.7 billion), is now reportedly in talks to play Blanka. Blanka is the wild, green-skinned fighter known for his electric attacks and animalistic strength. Momoa's action credentials are unmatched. From Aquaman to Dune , he's proven he can command any screen, according to Comic Book. 'Jason has the presence and intensity to bring Blanka to life,' says a Hollywood insider. 'Fans want to see that raw energy, and Momoa delivers every time.' South African fans, who have long enjoyed Momoa's larger-than-life roles, are already speculating about his transformation. Will he go full green? Will we see that trademark Momoa grin before a thunderous Blanka roll? Only time will tell. Leati Joseph Anoa'i, better known as Roman Reigns, is also in talks for a major role. The WWE superstar has dominated the wrestling world and appeared in action hits like Fast & Furious Presents: Hobbs & Shaw . He is reportedly set to play Akuma, the fearsome, red-haired villain driven by dark energy. Akuma is a legend in Street Fighter lore, and Reigns' physicality makes him a perfect fit. Kitao Sakurai, known for his work on Bad Trip and Twisted Metal , directs the film. Legendary Pictures and Capcom are co-developing the project, promising a faithful adaptation that honours the games' spirit. This isn't the first time Street Fighter has hit cinemas; the 1994 film starring Jean-Claude Van Damme became a cult classic. But with this new cast, expectations are much higher. As one industry observer put it, 'Hollywood is finally taking video game movies seriously. With stars like Momoa and Reigns, this could be the blockbuster fans have been waiting for.' Whether you're a lifelong gamer or just love a good action flick, Street Fighter is gearing up to be the fight of the year. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.


Eyewitness News
30-05-2025
- Business
- Eyewitness News
Treasury defends fuel levy increase
CAPE TOWN - The Treasury has defended an increase in the fuel levy, saying if it doesn't raise it in line with inflation, it would become worthless over time. The fuel levy has been left unchanged for three years to mitigate the impact of high oil prices at the time it was frozen. The Economic Freedom Fighters (EFF) is going to court next week to challenge the legality of imposing an increase as part of the national budget, saying that the finance minister had failed to issue a government notice to this effect, nor had he introduced a bill in Parliament. The price of petrol will increase by at least 16 cents per litre on Wednesday. ALSO READ: • Ntshavheni says EFF free to challenge national budget in court • EFF accuses finmin of 'undermining' Parly in court papers seeking to stop fuel levy hike • MPs say impact of fuel levy increase will be 'far worse' than VAT hike • EFF accuses Treasury of replacing VAT increase with fuel levy hike • Automobile Association slams new fuel levy hike The Treasury said that increasing the value-added tax (VAT) rate could not be equated with raising the fuel levy. Responding to public submissions on the budget in Parliament on Friday, Treasury's head of tax policy, Chris Axelson, said that the fuel levy was the country's fourth-largest revenue source, contributing about five percent to total tax revenue. "This is a specific tax, a cents per litre, so these kinds of specific tax, which is the same as excise duties, they need to be adjusted by inflation, otherwise the real value of that tax will go down over time." Axelson said that by not adjusting the fuel levy, Treasury would lose about R3.5 billion in revenue. "The vast majority of the tax revenue increase is all on the personal income tax side. Around R16.7 billion of the R18 billion in increases is all on personal income tax." While the finance minister is empowered through the Customs and Excise Act to implement an interim fuel levy adjustment by a notice in the gazette, Parliament can intervene to change the duration before it's formalised in the taxation act.