The projected economic growth trajectory remains insufficient to address structural unemployment
The growth outlook is insufficient to alter unemployment dynamics, some argued
National treasury officials said the costing for the deployment of soldiers in crime-affected areas — as announced by President Cyril Ramaphosa, his Sona, had not yet been done
Over the next three years, growth is projected to average 1.8% and reach 2% by 2028
A 0.3% tax would generate enough to secure life’s necessities for many tens of millions of the world’s most vulnerable
The African Tax Administration Forum is a continental force — and it must lead Africa’s fiscal future
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
The EFF criticises it as ‘unimaginative’ and not benefiting poorer South Africans, while the DA calls it a step towards ending ‘unchecked government spending’
Budget choices must empower the poor and end socio-economic exclusion
The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation
And the South African Revenue Service will benefit from higher levels of compliance by taxpayers
The NHI Act says funding healthcare for all should come from tax but economic growth is in a vice and many people are without jobs
Tax bracket over-inflation has led to income inequality and less money for essential services
Concerns are growing about a prospective tax increase that would put more burden on the nation’s economy, which was already in deficit at the start of the fiscal year.…
The rand depreciated after the postponement of the budget speech to 12 March
