Important expenses not factored into the medium-term budget
A major concern is the contingent liability guarantees of municipalities and some of the state-owned enterprises.
Eskom
OECD calls for VAT hike to help fund permanent grant
South Africa should make the R350-a-month Social Relief of Distress (SRD) grant permanent, increase the rate of value-added tax from 15% to 17%, and reform the “distortive” personal income tax system, the Organisation […]
South Africa’s economy and your wallet – Key factors that will have an impact
“With renewed lockdown measures, the return of load shedding, mounting debt and shattered confidence, the outlook for 2021, with a few exceptions, is bleak,” according to Ed Stoddard of Business Maverick. He recently […]
