VAT at 16% gives us an extra R40 billion. Keep in mind; Pravin is only looking for R28 billion.— Osman Mollagee
At some point it becomes counterproductive to extract more…— Osman Mollagee
The Money Show’s Bruce Whitfield interviewed PWC Tax Technical Partner Osman Mollagee.
Mollagee discussed Finance Minister Pravin Gordhan’s Mid-Term Budget Policy Statement.
He reckons a hike in VAT, though politically distasteful, must be considered.
Listen to the analysis in the audio below.
The Money Show’s Bruce Whitfield interviewed Rakesh Wahi (CNBC Africa and Forbes Africa) for his weekly business book review.
Onyx Connect says it will create 600 jobs and make a smartphone in Johannesburg for about R415.
What does 702’s former Breakfast Show host John Berks believe, hope for and fear about money? Does he have, and want, lots of it?
Make some money, buy these three stocks, says portfolio manager Dino Voulakis.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
“However,” says Dr Iraj Abedian, “no Finance Minister can make the budget work if other Ministers don’t play along…”