The spectre haunting South African politics won’t go away. Tito Mboweni has blamed the legacy of Jacob Zuma for the VAT increase. In a year of unpopular decisions made by the ANC, the VAT increase has been one of the most contentious. The decision to crank it up by 1% left many South Africans apoplectic,..
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Former president Jacob Zuma and his corrupt, incompetent ANC comrades are to blame for the recent VAT increase and it can’t be reversed due to numerous factors that includes Free Education
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Treasury News:- Sars shortfall to blame for VAT hike, so we are paying for their incompetency!
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Treasury would not have needed to increase value added tax (VAT) by one percentage point to 15% in April if not for the revenue shortfall at the South African Revenue Services (SARS), deputy director general at national treasury Ismail Momoniat told the Nugent commission of inquiry on Wednesday.
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Implementation of Moyane-sanctioned model moved SARS efficiency backwards
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The restructuring of the South African Revenue Service’s operating model was unnecessary and undercut the efficiency of the revenue services. This is according to testimony given during the second leg of the Nugent commission on Tuesday.
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Anglican Archbishop of Cape Town: VAT hike pays for corruption
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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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Why Zuma’s free higher education plan will cripple SA’s finances
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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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