Posted: 2025-04-24 08:30:53
Edited: 2025-04-24 08:34:09
Quoted:-
VAT increase withdrawn, expenditure adjustments on the cards
- By Neesa Moodley
"....In a media statement issued on its website in the middle of the night, the National Treasury announced the reversal of the controversial VAT increase, which was meant to take effect in a week's time -- next Thursday, 1 May. A senior finance ministry source told Daily Maverick: "Without a VAT increase, spending cuts are the only game in town realistically ..."
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...and as the clock struck 12, midnight, so the golden carriage turned to a pumpkin and the horses that drew it turned into mice...
At last the GNU takes on a meaning.
A GOVERNMENT OF NATIONAL UNITY.
Now for it to filter down to the man on the street.
RB.