South Africa: Budget 2018 - Tax Increases Set to Hit Ordinary South Africans Hard

analysis

Everyone in South Africa will be affected by certain measures announced by Finance Minister Malusi Gigaba in Wednesday's Budget. An increased fuel levy and the 1% VAT hike will cause pain in particular for South Africa's low or no-income households - while NGOs say the commensurate increase in social grants payments will do little to cushion the blow.

A "bitter pill to swallow".

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