By Brenda Goh LONDON (Reuters) - Britain will impose capital gains tax on foreign investors selling homes that are not their primary residence from 2015, Chancellor George Osborne said on Thursday as the government moved to curb soaring house prices in London. "It's not right that those who live in this country pay capital gains tax when they sell a home that is not their primary residence - while those who don't live here do not," Osborne said in a twice-yearly budget statement to parliament. From April 2015, we will introduce capital gains tax on future gains made by non-residents who sell residential property here in the UK." Britons pay capital gains tax - typically at 28 percent - on any profit from selling property that is not considered their primary residence.
JOHANNESBURG (AP) — The South African Cabinet on Thursday ordered that an inter-ministerial task team report on the funding of controversial security upgrades to President Jacob Zuma's private home be released to the public.