In his budget speech this week, Finance Minister Nhlanhla Nene emphasised the importance of keeping SA fiscal policy progressive – that is, geared at redistributing resources from the rich to the poor. His tax proposals support this principle by raising taxes for the rich. But in truth, it is far more complicated than that.
The women in Africa suffer in many cases from … the fear and stigma associated with cancer.
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- "We only get judged by whether the Springboks win or lose and the number of black players we have on the pitch" http://t.co/OgOqEKyU7f 3 hours ago
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- It’s a bit bizarre hearing people who cough up R700 for a bottle bitching about paying another R3: http://t.co/8FXkYuQvCe 5 hours ago
The part of Nhlanhla Nene’s budget that’s getting to me is the fact that he’s upped personal income tax while leaving the corporates alone. That’s not cool.
The article, “Agang SA founder Mamphela Ramphele moves on” by Biénne Huisman (City Press, February 22 2015), contains some serious inaccuracies. In particular, I point to the claim that “The money owed to former staff members ranges from R10 000 to R30 000 for the months of July and August”.
This week we report that banks repossessed almost 5 000 cars from the country’s middle class in the Western Cape and Gauteng provinces.