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South Africa hikes taxes and social spending before vote

Summary by Ground News
South Africa plans to hike taxes and increase spending on social grants ahead of a general election in May. The tax increases come with the ruling African National Congress (ANC) struggling in the polls. But the budget also provides more money for social welfare payments -- a key component of the ANC's policies and popularity.

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France24France24
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South Africa hikes taxes and social spending before vote

South Africa plans to hike taxes and increase spending on social grants ahead of a general election in May amid sluggish growth and high debt, the government said on Wednesday.

·France
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France24 broke the news in France on Wednesday, February 21, 2024.
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