Motorists and Smokers Brace for New Tax Hikes in South Africa’s Budget Next Week

South Africans can breathe a sigh of relief—at least for now—as the government is set to table a new national budget next week without a controversial VAT increase. But this relief may come at a cost elsewhere, with Finance Minister Enoch Godongwana likely to introduce new tax hikes on fuel and so-called “sin” goods like … Continue reading Motorists and Smokers Brace for New Tax Hikes in South Africa’s Budget Next Week