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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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Geographic
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Facing major shortfalls in tax collections, the Treasury has therefore requested government departments to implement immediate spending cuts and has recommended far-reaching…
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DOI: 10.1108/OXAN-DB282150
ISSN: 2633-304X
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Geographic
Topical
South Africa’s escalating power crisis has slashed its growth prospects, with the government making only slow progress on promised reforms and the president declaring a state of…
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DOI: 10.1108/OXAN-DB276446
ISSN: 2633-304X
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Geographic
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SOUTH AFRICA: Ramaphosa faces crucial Eskom challenges
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DOI: 10.1108/OXAN-ES249513
ISSN: 2633-304X
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Wealth, inheritance and ‘solidarity’ taxes are being considered -- with the latter recently flagged as one solution to pay for COVID-19 vaccine procurement and pandemic-related…
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DOI: 10.1108/OXAN-DB258902
ISSN: 2633-304X
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Geographic
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Prospects for African economies to end-2022.
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DOI: 10.1108/OXAN-DB271099
ISSN: 2633-304X
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Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.
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DOI: 10.1108/OXAN-DB253988
ISSN: 2633-304X
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Geographic
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Meanwhile, the already dire state of public finances is set to deteriorate further as the economic impacts of the COVID-19 dampen revenues and increase debt, further undercutting…
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DOI: 10.1108/OXAN-DB253562
ISSN: 2633-304X
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Geographic
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This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
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Geographic
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The re-opening comes despite an infection rate that is expected to peak only later this year.