VAT increase versus spending cuts: South Africa’s budget dilemma explained

February 28, 2025 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2502/766306-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters. Finance Minister, Enoch Godongwana.” align=”left”><br><span >Source: Reuters. Finance Minister, Enoch Godongwana.&lt;/span><p>At a recent Old Mutual economic briefing, Group Chief Economist Johann Els and Group Head of Financial Education John Manyike weighed in on one of South Africa’s most contentious financial debates—the proposal to raise Value-Added Tax (VAT) from 15% to 17%.</p><br> <a href=”https://www.bizcommunity.com/article/vat-increase-versus-spending-cuts-south-africas-budget-dilemma-explained-810983a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=255719″>Send to a friend</a></p><div style=”clear:left”></div>