Africa Links 24 with Businesstech
Published on 2025-03-12 17:27:20
South African finance minister Enoch Godongwana delivered the 2025 National Budget speech on Wednesday.
The budget addressed several key points, including the country’s current economic status, growth projections, substantial debt servicing costs, proposed increases in value-added tax (VAT) and sin taxes, and the continuation of the social relief of distress (SRD) grant.
A major sticking point for many over the past weeks leading up to the budget was the increase in VAT, which has…
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