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ANC Moots Smaller South Africa VAT Hike With EFF Linkup, ST Says

Markets

Ana Monteiro

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March 2, 2025

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Bloomberg

South Africa’s biggest political party plans a 0.75 percentage-point increase in value-added tax in a revised national budget this month, warning it will approach groups outside the ruling coalition if those in it don’t back the move, the Sunday Times reported.

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