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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

government revenue

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South Africa

South African Local Government Association Proposes Zero-VAT on Water and Electricity

South Africa's Local Government Association has proposed the zero-VAT-rating of essential items like water and electricity. SALGA's Sabelo Gwala says taxing luxury goods will increase government revenue, suggesting a staggered VAT approach. This comes ahead of Finance minister Enoch Godongwana’s revised budget next Wednesday following disagreements over a potential VAT increase. Gwala warns that a blanket VAT hike would have severe consequences:  

todayMarch 5, 2025 29

Africa

Ghana wants to make importing food like rice and tomatoes more costly: expert explains why it’s a bad idea

    By Sylvanus Kwaku Afesorgbor, University of Guelph Ghana, like many other developing nations, relies heavily on imports of food and consumer goods to feed its population. For instance, Ghana imports 55% of the rice that is consumed locally. The country’s import dependence is primarily a consequence of the production of low-value primary products without substantial value addition. To forestall over-dependence on foreign goods, the government has proposed a trade […]

todayJanuary 23, 2024 12