The country’s eyes today will be on the budget speech, especially regarding the nearly 50 million budget deficit facing the treasury.
Jacob Zuma’s idea of free tertiary education has put the country under pressure to find R40 billion for rioting students.
A two percent increase in the VAT rate will bring the government almost R50 billion income in the next financial year.
Read the original article in Afrikaans on Die Vryburger
South Africa Today – South Africa News