South Africa could scrap e-tolls this week – and pay for it with a petrol hike: economists

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South Africa could scrap e-tolls this week – and pay for it with a petrol hike: economists
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Finance minister Enoch Godongwana is expected to provide clarity on Gauteng’s e-toll scheme in his inaugural budget address on Wednesday (23 February).

Other budget concerns

“Driven by continued high commodity prices, a sustained corporate tax windfall should see overall gross tax revenue in 2020/21 exceed treasury’s estimate at the time of the November mini-budget statement by at least R50 billion .” This is conservative, with the final revenue overrun potentially notably higher, it said.

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