Smart tax on alcohol will counter bootleggers

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Loans Loans Headlines News

As finance minister Tito Mboweni prepares to deliver his budget, he is faced with various challenges, including GDP that contracted by 8%, rising unemployment and government debt, and a demand to finance a Covid-19 vaccine initiative while stimulating ...

One of the contributing factors to this economic conundrum for the government of SA is the total ban of alcohol sales three times in a single financial year — leading to a R36.3bn loss in sales revenue and a R29.3bn loss in direct tax contribution .

In addition, 200,000 of the 1-million jobs supported by the industry value chain are believed to have been lost as a result...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Receiving R20000 after investing R9,000 this is what i never expected. Thanks for putting smile on my face WeberEvarette

Received ZAR 50,000 after investing ZAR 10,000 this is what I never expected,thanks allot for putting undying smile on my face , I’m so damn happy having a wonderful week over here WeberEvarette guys this lady is for real

Budget deficit is created by them, ANC government whom their comrades looted billions nd billions of rands, they lack fiscal discipline to manage public purse.

Tito Mboweni is useless. He is a stooge controled by Goldman Sachs, one of the funders in CR17BankStatements

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in LOANS

Loans Loans Latest News, Loans Loans Headlines