Anglican Archbishop of Cape Town: VAT hike pays for corruption

The Bishops of the Anglican Church of Southern Africa are concerned that citizens are effectively paying for the impact of corruption through a hike in Value-Added Tax (VAT).

The bishops expressed their “deep concern” at the hike by one percentage point to 15% announced in Finance Minister Malusi Gigaba’s “tough but hopeful” budget speech.
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The 2018 Budget is there to fight corruption

Renewed vigour to tackle corruption head-on was palpable in National Treasury’s 2018 budget, tabled in parliament on Wednesday.

Deep-rooted and wide-spread corruption has become commonplace in the public sector under the leadership of former
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This is what Malusi has to say about the 2018 Budget

For the first time in 25 years, the South African government will hike up Value-Added Tax (VAT) in a bid to fund the gaping hole in the national budget.

With tax collection falling short by R48-billion, compounded by former president Jacob Zuma’s announcement of fee-free higher
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The poor in SA are set to suffer after latest budget speech

Increases in fuel and in basic food prices will affect the poor most as a consequence of poor management over the last 9 years, the opposition leader says.

The poor are set to suffer due to the poor management of the country’s fiscus over the past nine years under former president Jacob Zuma, Democratic Alliance leader Mmusi Maimane has said.
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how did Morris “KGB” Tshabalala survive in the SAPS for so long considering his record and continued criminal activity?

How did a convict sentenced in 1996 to 10 years for robbery with aggravated circumstances find himself floating around the ANC’s elective conference in Mangaung in 2012, flush with a cool R50-million aimed at stoking factional battles in the ANC?

Continuing the tradition at Nasrec in December 2017, pressure was also allegedly placed on the SAPS to launder R45-million to buy votes. Details of this and other horrors of the Shadow State were revealed by the Independent Police Investigative Directorate at a Scopa report-back on Tuesday. The clean-up has begun. 
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Malusi Gigaba – Prepare for a tough budget

President Cyril Ramaphosa has been pressuring the finance ministry to reduce spending and increase revenue, and South Africans should thus prepare for another tough budget, finance minister Malusi Gigaba told the Mail & Guardian.

Amid speculation that Gigaba could be reshuffled out of the paramount ministry by Ramaphosa after his takeover as head of state,
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Minister of Finance plays “Candy Crush” on his tablet in Parliament

The Minister of Finance sits in Parliament on one of the most important days in recent political history….and he plays “Candy Crush” on his tablet. Is the data part of his benefits package, by chance? 

Why still wonder what went wrong with the economy? The president had his fingers in the till while the Minister was playing TV games.

That is the summarised explanation for South Africa’s economical woes.
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SARS double standards, cash flow manipulation

As previously reported, the South African Revenue Service (SARS) only applies rules as it suits them.

Any late income tax payments will be levied with a hefty fine but if SARS money has to be refunded to the general public, the return is referred for audit and when it is done, the amount due will be repaid without any interest.
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A ‘comfortable’ life awaits Zuma if he steps down as president

Should Jacob Zuma heed calls for him to step aside as president of the country‚ he will be entitled to his salary and most of the perks he enjoyed in office – for the rest of his life.

He would be paid his annual R2‚989‚845 salary after stepping down‚ be provided with security and an official vehicle‚ an office and a secretary and be entitled to free domestic flights on the national airline.
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Why Zuma’s free higher education plan will cripple SA’s finances

The country’s fee-free higher education initiative, controversially introduced by President Jacob Zuma in the dying weeks of 2017, will plunge the country into a deeper financial crisis if it isn’t adjusted one way or another. Days after Zuma made his surprise announcement, Ramaphosa was elected president of South Africa’s ruling party, the African National Congress. […]
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Asset Settlement Unit to seizes Gupta assets

The Public Prosecuting Authority has signed confiscation orders under which the Asset Settlement Unit will today seizes the assets of the infamous Indian family. Assets worth R1.6 billion are affected. The unit asked for applications in three court cases and a trustee will be appointed to oversee the assets. According to the application, the assets […]
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Who maintains the ANC regime’s coffers by paying taxes?

The law firm Webber Wentzel analyzed the tenth issue of the South African Revenue Service (SARS) tax statistics. From the conclusions it appears that 37% of the tax collected in 2016/17 came from individual taxpayers. Of the 20 million registered taxpayers, only 6.3 million payers submitted tax assessments, as those who earn less than R350 […]
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I’m going to walk in at Wits and register for my masters‚ says Malema

Economic Freedom Fighters (EFF) leader Julius Malema says he is planning to stage a walk-in to register for his Masters degree at the University of Witwatersrand‚ in support of his party’s controversial call for prospective students to invade institutions. Malema was speaking on the Polokwane’s urban radio station‚ Energy FM‚ on Monday morning. “Our children […]
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VUT scraps upfront payment for ‘poor’ students

The Vaal University of Technology and its student representative council (SRC) have agreed that students who come from households with an income of R350,000 and less will not pay registration fees at the beginning of the year. Students from households whose income is more than R350,000 are required to pay R4,000 upfront. This comes as […]
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