THREE months after the 2025 national budget was presented, business leaders and economists are urging the government to reassess several measures, arguing they have increased compliance burdens on formal businesses while failing to rein in the informal sector.In December, Finance Minister Mthuli Ncube introduced new taxes on fast food, plastic bags, and gambling, alongside higher…
Calls grow for 2025 budget measures review
In December, Finance Minister Mthuli Ncube introduced new taxes on fast food, plastic bags, and gambling, alongside higher levies on alcohol and capital gains, measures aimed at widening the tax base and boosting revenue.