Consumers yet to see benefits of zero-rating
213 views · Published 25 October 2018 · 2:10 · Indexed 28 September 2026
Channel: SABC News · 2018 · News & Politics
Consumers are yet to see the benefits of government's decision to tax-exempt some items in their food basket. Yesterday newly appointed Finance Minister Tito Mboweni announced the revenue loss associated with zero-rating these items is estimated at R1.2 billion. But some are calling for more items to be zero-rated while small businesses such as Eyethu bakery in Orange Farms say this move will boost cash flow. For more news, visit: sabcnews.com
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