First Take SA

0.5% scrapping of VAT increase sparks mixed reactions


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South Africa's budget process has been thrown into uncertainty after Finance Minister Enoch Godongwana scrapped plans for a 0.5% increase in Value-Added Tax. The move has sparked mixed reactions from politicians. The ANC has welcomed the decision, calling for more inclusive fiscal policy, while the EFF has hailed it as a victory, but is demanding the Finance Minister's resignation and a complete overhaul of the budget process. For more Elvis Presslin spoke to EFF Senior Researcher, Dr. Gumani Tshimomola

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