Proposed VAT increase: fiscal necessity or economic catastrophe?
Instead of hiking VAT, the government could fix its tax collection problems, improve state resource management, and stimulate the economy to boost revenue.
AGOA
Tax collections miss forecasts – will taxpayers bear the burden?
A dip in corporate and VAT revenues has left a R10bn hole in expected tax collections. As the Budget approaches, Treasury faces a difficult balancing act.
Bank of America predicts only one repo rate cut this year
Stable growth and fiscal discipline could see South Africa’s credit rating rise two notches in the next three years.
Africa – Washington’s Africa Summit needs economic and trade clarity
The US agenda driving this week’s Africa Summit in Washington, where some 50 African states will be represented, remains something of a mystery. Africa’s agenda, by contrast, should be clear – economic ties […]
Swaziland – US to pull AGOA plug in January
Swaziland is set to lose its preferential access to US markets via the African Growth and Opportunity Act (AGOA). This is because the impoverished country has failed to meet a US deadline to […]
Swaziland – What happens if Swaziland loses its AGOA eligibility?
In a little over three months the US government will put Swaziland under the spotlight and evaluate its eligibility for trade benefits under the African Growth and Opportunity Act (AGOA). The outcome is […]
