The Economist6d
South Africa’s government is looking fragile
B udget announcements are rarely memorable events in South Africa. But the statement on March 12th by Enoch Godongwana, the ...
South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to ...