PRAVIN GORDHAN found a sneaky way to avoid raising VAT and it isn't healthy. Promoted as a health tax, the sugar tax quickly snowballed into an all-out tax on anything sweet, including dividends. The problem with the finance minister's health clai...
Tag: Budget
The Rubicon Budget Speech
TODAY marks the moment when South Africa finally bit the bullet of State-owned Enterprises (SOEs). Admittedly, we all knew this speech was coming, but when Pravin Gordhan, finally got around to it again in his budget, a loud cheer came from the ranks of the opposition. The Rubicon of Economic Rea...
Fix the economy stupid and provide free education (part 4)
SOUTH AFRICA is an astonishing country. Not only are we home to more millionaires than any other African country, (40% of all African millionaires live in South Africa) but this wealth coincides with extremes of poverty and unemployment. Some 25.5 percent of the population is unemployed and this...
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