Considering the rising cost of living in South Africa throughout 2023, some political parties have called to expand the zero-VAT-rated basket of food items in the country, but Minister of Finance Enoch Godongwana said this would do little to help those who need it.
In a recent parliamentary Q&A, Godongwana was asked whether he would consider expanding the zero-VAT-rated food basket in South Africa as a direct intervention to fight the cost-of-living crisis that is notable by the upward-spiralling high food prices that are squeezing the average South African household.
Source: businesstech.co.za
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