In a nutshell: Mboweni’s maiden mini-budget. It ain’t pretty.
National Treasury’s growth forecast has been slashed by more than half for the year while the country is left reeling with a R30bn revenue shortfall.
National Treasury’s growth forecast has been slashed by more than half for the year while the country is left reeling with a R30bn revenue shortfall.
It has been brought to our attention that Treasury may once again seriously be considering the possibility of increasing capital gains tax as one possible source of increasing its revenue.