Economy

“Implementing a VAT increase could spark social upheaval among SA impoverished communities”

Date: Feb 20, 2025

South African (SA) Civil society organisation Budget Justice Coalition, says that implementing a 2% VAT increase could have sparked social upheaval among already economically burdened and impoverished communities.

This follows dramatic scenes that played out yesterday, with the budget speech by Finance Minister Enoch Godongwana, being scrapped due to government of national unity partners' disagreements. Matshidiso Lencoasa is the coalition's Chairperson,” When we saw the VAT- increase by 2% my heart just fell, because I just anticipated social upheaval. I think we know that in this country- South Africans are bearing such a heavy burden of the economy, and economic situations.

We know our poverty rates are persistent, unemployment hasn't been eradicated at the rate that it should be- and can you imagine this, in addition to that higher cost of living- that would have been crazy.”

--ChannelAfrica--

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