Kganyago warns VAT changes are economic shock amid budget delay
[File photo] Reserve Bank Governor, Lesetja Kganyago 2 minutes South African Reserve Bank Governor Lesetja Kganyago says increases or decreases in VAT will be treated as an economic shock. This follows the postponement of this year’s budget after Cabinet disagreed on the proposed 2% VAT increase. Kganyago was speaking to SABC on the sidelines of…
