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BUDGET 2018 COMMENT: No wealth tax but taxing the wealthy

By Janice Roberts at New Media
22 February 2018 • 1 min read

Minister Malusi Gigaba

In his 2018 Budget Speech, Finance Minister Malusi Gigaba has found a balance between raising taxes on the wealthy, broadening the tax base and providing a safety net for the poor. The rand appreciated somewhat and bond yields traded lower soon after the Minister started to speak, signalling firm approval from the markets. (more…)


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