Finance Minister Enoch Godongwana grapples with a daunting R57 billion revenue gap and announces R15 billion in new taxes.
Finance Minister Enoch Godongwana faces an uphill battle as he grapples with South Africa's staggering R57 billion revenue shortfall.There must have been some ideological tussles behind the scenes in recent months as Finance Minister Enoch Godongwana and his Treasury advisers had to convince the ANC that there is no pot of gold at the end of the rainbow.
But is the fact we’re perilously short of money due to the ANC’s failed social experiment, or the weapons-grade looting which the party and its friends have embarked on for almost 30 years?
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