Scrapping VAT hike by 1 May not practically feasible — Songezo Zibi

Daily Maverick

Rise Mzansi’s Songezo Zibi predicts VAT hike likely in May despite challenges. Finance Minister’s proposed 0.5% increase faces criticism. Zibi says reversing decision not feasible due to budget process timeline. Parliamentary window for amendment closed. Zibi emphasizes VAT implementation takes time, doubts quick reversal.
Read More from source