Godongwana stands firm on VAT hike

Half-percentage point rise mooted for this and next two years

09 March 2025 - 00:00

By CAIPHUS KGOSANA, KGOTHATSO MADISA and THABO MOKONE

Finance minister Enoch Godongwana is standing his ground on a tax increase, insisting he needs the extra revenue to fund the “Covid grant” and ruling out any other form of a tax hike when he presents his delayed budget on Wednesday.

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