[TOP STORY] 2024 Budget – is a Vat increase the best solution to boost the coffers?

Loading player...
‘Government, even in an election year, can make the point to say, well, we are in a tight corner, we don't want to cut back on expenses, the economy's not really growing yet as much as we would like it to grow, so to generate additional revenue, we are considering Vat,’ says Maarten Ackerman, chief economist at Citadel.
19 Feb 2024 8AM English South Africa Business News · Politics

Other recent episodes

DA leadership contest heating up ahead of conference

SA’s China deal enters crunch phase. Polokwane jobs hang in the balance as SA’s only silicon metal producer threatens permanent closure, citing high electricity costs. And whether offshore or onshore, Sars is closing in on non-compliance.
9 Apr 6AM 31 min

Do investment summits deliver for SA?

Iran ceasefire masks ongoing war risk. Is Trump hinting at an escalation in the Iran war, and what does that mean for the global economy? And how a 20% levy could change South Africa’s online gambling scene.
8 Apr 6AM 30 min