Moeletsi Mbeki discusses VAT increase, threats to GNU 1/9
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Moeletsi Mbeki discusses VAT increase, threats to GNU 2/9
02:10
JOHANNESBURG - South Africa is facing a critical moment.
The parliamentary vote on the national budget looms large, with political tensions rising over proposed tax hikes.
READ: ANC maintains budget will be passed with or without DA
The Democratic Alliance has rejected the government’s proposed increase in value-added tax, raising concerns about whether the budget will be passed.
If the budget fails, experts warn that it could have serious economic consequences for the country, with questions about the stability of the government of national unity.
Political analyst Moeletsi Mbeki discussed this with eNCA.