File image: South African Rands consisting of R100 notes.
The Democratic Alliance says it would like to see a budget that will keep the country’s lights on, cut the cost of food and grow the economy.Finance Minister Enoch Godongwana will deliver his budget speech in Parliament on Wednesday. DA spokesperson on Finance, Dion George, says economic growth should be at the top of Godongwana’s list of priorities.
“We need to look at econ growth. We need to make it easier for small business to operate in SA and that requires changes to the regulatory environment and also tax incentives to enable them to operate more effectively.” George added that in order to bring some relief to cash strapped consumers, the party will not support an increases in taxes. The DA has suggested a drop in the fuel levy, as well.“We have called on minister to remove VAT on expanded basket of items includes bone in chicken, beef, margarine, butter, baby food, believe it is possible. We will not support any increase in tax.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom and rolling blackouts named newsmaker for 2022 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom and rolling blackouts have been named the 2022 National Press Club Newsmaker of the Year. The National Press Club’s annual award recognises a newsmaker every calendar year. Loadshedding
Source: SABCNews - 🏆 37. / 51 Read more »
'Killing of a public representative tantamount to subversion of democracy' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The African National Congress (ANC) in the Eastern Cape says its shocked and outraged by the killing of its councillor who was shot dead in Dutywa in the Eastern Cape. I wonder yintoni eyothusayo xa idrugs nemipu zikho kuyo yonke indawo. Seriously they shocked, are they fast asleep or smoking forkn nyope, they have no idea of the crime stats or what's going on in our country, that's caused by their party's incompetence Shame
Source: SABCNews - 🏆 37. / 51 Read more »
Debt-laden African countries charged 'extortionate' rates: UN Chief - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.African countries are getting a raw deal from the international financial system which charges them 'extortionate' interest rates, the U.N. chief said on Saturday, as he announced $250 million in crisis funding, including for famine risk on the continent. How many African countries even pay back loans?
Source: SABCNews - 🏆 37. / 51 Read more »