The proposed Value Added Tax increase has sparked concerns among economists, who warn that it could further strain already struggling households. As part of his revised budget, Finance Minister Enoch Godongwana announced a 1 percentage point VAT hike, phased over two years. The first increase of 0.5% is set to take effect in May, followed by another 0.5% hike in April next year. To delve deeper into the potential implications of this decision, Elvis Presslin spoke to Qhivi Tiva, Head of Fixed Income at Prowess Asset Management