Government facing backlash if VAT is increased

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Government facing backlash if VAT is increased

Sunday Standard Botswana

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The government, too, must live within its means

Sunday Standard The government, too, must live within its means Last week, Enoch Godongwana, the South African Finance Minister, was forced to postpone the country’s Budget Policy statement after the parties that constitute the Government of National Unity decided not to support his proposal to hike Value Added Tax (VAT) by 2%. With the proposed increase, South Africa’s VAT would rise to 17 %.  He is now expected to present the budget to Parliam…