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South Africa takes a tax gamble ahead of election

Wednesday, February 21, 2018 - 01:41

South Africa's new leadership announced on Wednesday it was taking the politically risky step of raising value-added tax for the first time in 25 years, part of efforts to cut the deficit and stabilise debt under new President Cyril Ramaphosa.

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South Africa's new leadership announced on Wednesday it was taking the politically risky step of raising value-added tax for the first time in 25 years, part of efforts to cut the deficit and stabilise debt under new President Cyril Ramaphosa.

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South Africa takes a tax gamble ahead of election

Wednesday, February 21, 2018 - 01:41