Tuesday 13 November 2018
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maverick - 19 days ago

OP-ED: 2018 MTBPS – idling at a crossroads

This mini-budget fails to adequately meet the needs of the 64.2% or about 30 million South Africans who live below the poverty line. For these households, when prices go up (like when the VAT rate increased by 1%) they cannot reach into their savings and are therefore forced to cut back on the goods and services they buy, which is more often than not food.

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