The government is projecting tax increases of R5bn in the next financial year as decreasing tax revenue and increasing debt to fund high spending bite. This will be the first of R40bn in tax increases government seeks over the next four…
Finance minister Tito Mboweni has made it clear that SA is in debt. But this is not new information. Our debt did not just drop from the sky in 2020. It is a result of years of uncontrolled spending. What is now needed is a clear policy…