• All Share : 48362.22
    UNCHANGED0.00%
    Top 40 : 4183.85
    UNCHANGED0.00%
    Financial 15 : 13650.32
    UNCHANGED0.00%
    Industrial 25 : 54866.52
    UNCHANGED0.00%

  • ZAR/USD : 10.5025
    UP 0.12%
    ZAR/GBP : 17.6427
    UP 0.24%
    ZAR/EUR : 14.4868
    UP 0.03%
    ZAR/JPY : 0.1024
    UNCHANGED-0.00%
    ZAR/AUD : 9.7811
    DOWN -0.01%

  • Gold : 1294.9000
    UP 0.39%
    Platinum : 1407.5000
    UP 0.32%
    Silver : 19.5700
    UP 0.20%
    Palladium : 794.0000
    UP 0.63%
    Brent Crude Oil : 109.530
    UNCHANGED0.00%

  • All data is delayed by 15 min. Data supplied by I-Net Bridge
    Hover cursor over this ticker to pause.

Sat Apr 19 03:52:40 SAST 2014

Graduate tax will discourage studies, says Afriforum

Sapa | 08 February, 2013 10:29

Image by: Gallo Images/Thinkstock

The ANC's proposed graduate tax will discourage tertiary studies and could lead to even more graduates leaving the country, Afriforum Youth said on Friday.

"Such a tax will create a climate where people are discouraged to further their studies and lead to even more graduates leaving the country," spokesman Danie Ungerer said in a statement.

"Government is supposed to reward people who make an impact on the economy and who have the ability to generate employment."

The ANC resolved at its elective conference in Mangaung last year to introduce a tax on graduates.

Conference delegates participating in the education and health commission resolved that consideration "must be given to a graduate tax for all graduates from higher education institutions". It did not provide more details.

Afriforum Youth called for broader public consultation before such a tax was instituted.

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.
Sat Apr 19 03:52:40 SAST 2014 ::