DA Proposes VAT Hike for Expropriation Act Repeal, Exposing GNU Tensions in South Africa

• The Democratic Alliance in South Africa proposes supporting a 0.5 percent VAT increase
• Support is conditional on the African National Congress scrapping the Expropriation Act
• This proposal reveals tensions within the Government of National Unity
• Highlights differing economic priorities between the two parties
• Finance Minister Enoch Godongwana confirmed the DA’s condition in a letter to President Cyril Ramaphosa
• The DA believes removing the Expropriation Act would boost economic growth and job creation
• The situation underscores challenges in balancing fiscal policy and land reform within the coalition government

Source: iol.co.za

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.