Mineral Minister Gwede Mantashe has seemingly defended a potential increase in value-added tax (VAT) ahead of the budget speech next week.
The Cabinet minister emphasised that VAT affects all citizens, not just low-income consumers.With just a week remaining before Finance Minister Enoch Godongwana presents the national budget, Mineral and Petroleum Resources Minister Gwede Mantashe has seemingly defended a potential increase in value-added tax .
While defending the proposal, Mantashe acknowledged the financial strain it could place on vulnerable communities. He urged South Africans to consider the broader budget implications rather than focusing solely on VAT.
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