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Ramaphosa Defends VAT Hike Amid Criticism

  • Ramaphosa supports Finance Minister Gondogwana’s proposed VAT hike.
  • Gondogwana faces criticism from the ANC and coalition partners.
  • Ramaphosa argues that tax increases are necessary due to budget constraints.
  • He emphasizes the need for South Africans to understand the country’s economic challenges.
  • Ramaphosa calls for exploring sustainable ways to finance essential services.

Source: iafrica.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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