VAT hike

VAT hike a disaster for low-income working class: Cosatu

Cosatu spokesperson, Sizwe Pamla says the VAT hike spells disaster for workers, who will now struggle to clothe and feed their families and send their children to school. The implementation of the VAT increase will be a disaster for the low-income working class already living on a hand-to-mouth basis. The[…]

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Growing opposition to proposed VAT hike

A number of civil society organisations are mobilising against the proposed VAT hike, which has raised the ire of most South Africans. In his budget speech last week, Finance minister Malusi Gigaba announced that a proposed Value Added Tax (VAT) increase from 145% to 15%, with effect of 1 April[…]

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