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Is the budget really pro-poor?

@City_Press 2 March 2015 16:45

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.

  • Spy wars: SA intelligence agents accuse Israel of ‘fuelling insurrection’, selling arms and ‘appropriating’ African resources. Click on the pic for more. Picture: Avi Ohayon / GPC Getty Images

  • Big screen debut: Mi Casa are known for their smooth jams and doing the jika, but they’re now expanding their repertoire with a new movie about their journey. Click on the pic for the full story.

  • Mining glitch: Radical overhaul of SA’s mining law is in limbo as controversial amended bill heads for review by national council of provinces. Click on the pic for the full story.

  • Shady deals: Cartels take the food out of people’s mouths and contribute to inequality, says former deputy commissioner of the Competition Commission Trudi Makhaya. Click on the pic for the full story.




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