/ 27 May 2024

The National Health Insurance means a higher tax burden for South Africans

South Africa Signs New Health Law
Cyril Ramaphosa, South Africa's president, shows the signed bill for National Health Insurance signed into law in Pretoria, South Africa, on Wednesday, May 15, 2024. (Leon Sadiki/Bloomberg via Getty Images)
If value-added tax were to be used to fund the insurance, it would have to rise from 15% to 21.5%

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