The urgency of the climate crisis was overshadowed by the COVID-19 pandemic for a while, but the South African government displayed a renewed climate focus over the past year.
- Associate Professor in Taxation, Stellenbosch University
Governments worldwide have put in place economic and tax relief measures to mitigate the impact on businesses and workers of drastic public health measures in response to the COVID-19 pandemic
The South African government is going ahead with the National Health Insurance scheme but has yet to detail how it is to be funded. What seems certain is that taxpayers will foot the bill.
The review of South Africa’s list of zero rated VAT items faces a tricky challenge of shielding the poor while ensuring that the relief isn’t exploited.
The South African budget speech echoed the theme of rebuilding set out by President Cyril Ramaphosa in his state of the nation address.
A drought levy is being proposed for water scarce Cape Town. The levy is facing wide opposition and there are claims it’s punitive and punishes those trying to save water.
South Africa might want to consider raising its retirement age to 70 to cope with a challenge of an ageing population that’s under-insured and relying on an already pressured public purse.
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