Why South Africa won’t be getting a ‘wealth tax’ any time soon
Not only do wealth taxes have a chilling effect on GDP growth and jobs; they’ve been shown to raise precious little in countries that
Fear and tariffs at the G20
Donald Trump threw a grenade into South Africa’s first meeting of the G20 finance ministers, with a threat of 25% tariffs for Europe
Tame inflation gives South Africans breathing room
South Africa’s consumers have more spending power thanks to low(ish) inflation and higher salary increases
No sugar rush for Enoch
The buzz from 2018’s sugar tax hasn’t worn off, though a relief pause on levy increases could yet change as Treasury scrambles for cash
Withdrawal syndrome
Having raked in billions from the two-pot withdrawal frenzy, Treasury is now thinking of enabling people to access their once-untouchable retirement pot
Hot mic or not, Kieswetter was right on taxes
What the VAT standoff has done is force a reckoning over the trade-offs needed to balance South Africa’s books
A R58bn hole that only tax can fill
With a R58bn gap to fill after his VAT hike was shot down by the GNU cabinet, Godongwana faces a tough task finding the
Budget interruptus: Mayhem as GNU rejects VAT hike
It was mayhem in parliament on Wednesday as the National Treasury’s budget was pulled – hours after being released to journalists and economists
VAT so!
Non-consensual tax is a no-no, finance minister Enoch Godongwana has learnt the hard way.
Investors shaken but not stirred by VAT shock
Godongwana’s bombshell of a whopping VAT hike stalled the budget, leaving investors stunned. Markets wobbled, but it could’ve been worse