- The Democratic Alliance in South Africa proposes supporting a 0.5 percent VAT increase
- Support is conditional on the African National Congress scrapping the Expropriation Act
- This proposal reveals tensions within the Government of National Unity
- Highlights differing economic priorities between the two parties
- Finance Minister Enoch Godongwana confirmed the DA’s condition in a letter to President Cyril Ramaphosa
- The DA believes removing the Expropriation Act would boost economic growth and job creation
- The situation underscores challenges in balancing fiscal policy and land reform within the coalition government
Source: iol.co.za
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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