Navigating Fiscal Challenges: Three Strategies to Reduce State Expenditure and Avoid VAT Hikes in South Africa

As South Africa grapples with fiscal challenges, Finance Minister Enoch Godongwana faces mounting pressure to reduce state expenditure to avoid a controversial VAT increase. While the government has promised a spending review, the urgency for action is palpable. Here are three potential strategies to consider for curbing unnecessary spending: 1. Reassessing Sacu Payments: A Financial … Continue reading Navigating Fiscal Challenges: Three Strategies to Reduce State Expenditure and Avoid VAT Hikes in South Africa