24.4 C
Cape Town
Wednesday, January 21, 2026

South African Revenue Service commissioner Edward Kieswetter says the hard lockdown had a significant effect on revenue collection, with a major decline in domestic value-added tax and other taxes. Kieswetter was reacting to yesterday’s Medium-Term Budget Policy Statement where Finance Minister Tito Mboweni noted a decrease in revenue collection. Kieswetter said that imports had decreased, with local VAT also affected.

Published on

Latest articles

World leaders gather in Davos as pushback against Trump mounts

 World leaders are meeting in Davos, Switzerland, this week for the annual World Economic Forum, running from January 19 to 23, against a backdrop...

A year on from his second inauguration, Trump 2.0 has one defining word: power

Bruce Wolpe, University of Sydney As Donald Trump celebrates the anniversary of his second inauguration as president of the United States and begins his sixth...

Blockbuster Sports Weekend Ahead for Cape Town

 Cape Town is set for a blockbuster weekend of sport as rugby and cricket fans descend on the city for a United Rugby Championship...
error: Content is protected !!