#Budget2019: Mboweni ignores BTFA, goes ahead with 'sin tax' hikes | IOL Business Report

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WATCH: Public reacts to Finance Minister Tito Mboweni's announcement of a hike in sin taxes. Mboweni revealed the increase during his 2019 Budget Speech on Wednesday. Link: 📽️: Matthew Van Schalkwyk/African News Agency (ANA).

 

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#Budget2019: Mboweni ignores BTFA, goes ahead with 'sin tax' hikes | IOL Business ReportMinister Tito Mboweni turned a deaf ear to the tobacco industry’s desperate calls to not increase the interest on tobacco from their current level.
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Consider this Mboweni: Sugar tax costs industry R925m since inception | IOL Business ReportThe industry calls on Finance Minister Tito Mboweni to shelve the sugar tax, pending a thorough assessment of its impact on the economy and jobs. I agree get rid of this sugar tax it will lead to layoffs in the sugar industry which is counterproductive.
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#Budget2019: Watch as Tito delivers the nation's budget speech | IOL Business ReportThe country's focus is on South Africa's Finance Minister, Tito Mboweni, who is delivering the Budget Speech for 2019.
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Rand weakens on fears of a weak #Budget2019 | IOL Business Report‘Minister needs to tread the line very carefully, especially when discussing the state of SOEs in the country and how to salvage them.’
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#Budget2019: SABC needs R6.8bn to survive | IOL Business ReportDuring South Africa's Finance Minister Tito Mboweni's 2019 Budget speech, he announced that the SABC needed R6.8bn to survive. busrep Just blow it up.
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