[TOP STORY] 2024 Budget – is a Vat increase the best solution to boost the coffers?

Loading player...

‘Government, even in an election year, can make the point to say, well, we are in a tight corner, we don't want to cut back on expenses, the economy's not really growing yet as much as we would like it to grow, so to generate additional revenue, we are considering Vat,’ says Maarten Ackerman, chief economist at Citadel.

19 Feb 2024 8AM English South Africa Business News · Politics

Other recent episodes

[TOP STORY] SA Tourism board dismissal reeks of ministerial overreach – Satsa

‘She put that board in place. Trust your board. It’s their job to execute their fiduciary duty. They were doing so with all the good intentions in the world,’ says David Frost, CEO, Southern Africa Tourism Services Association.

27 Aug 9AM 9 min

'Gaza hospital bombing constitutes a hate crime'

Tourism body says SAT board dismissal reeks of ministerial overreach. The DA calls for Tshwane mayor to ‘pay back the money’. And why tax on foreign pensions could deter wealthy retirees from other countries from settling in SA.

27 Aug 6AM 33 min

[TOP STORY] Transport Dept concedes licence backlog will continue to mount

‘On a daily basis we get more than 10 000 applications. So we've got to balance the equation in terms of the backlog as well as the new applications that come through,’ says Department of Transport spokesperson, Collen Msibi.

26 Aug 10AM 8 min

New mining legislation could hurt jobs and investment

Bad news, as driver’s licence backlogs are set to last into 2026. A look at new divorce laws and the impact they could have on homes and properties. And a positive step towards SA’s freight future, as new operators win slots on Transnet network.

26 Aug 6AM 35 min

[TOP STORY] Electricity and logistics reforms drive cautious optimism on SA economy

‘We can expect some upgrades in the next few years. I think the rand can possibly also be slightly more stable in the medium to longer term than what we've become accustomed to,’ says Johan Els, group chief economist at Old Mutual.

25 Aug 9AM 7 min

All episodes