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Can South Africa afford a Basic Income Grant?

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South Africa’s government could, in theory, fund the Basic Income Grant via an increase in the Value-Added Tax (VAT) rate from 15% to 17%, according to a report authored by Intellidex and commissioned by Business Unity SA in collaboration with BLSA. Business Day TV caught up with Business Leadership South Africa’s CEO, Busi Mavuso for more detail.
25 Jul 2022 1PM English South Africa Business · Business News

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