Today's Big Stories

#Budget2016: VAT could go up and slow economy down even further

Finance Minister Pravin Gordhan is set to present what is touted as the most important Budget Speech in SA's history amid a slowing economy, possible ratings downgrade or recession.

Stephen Grootes on Wednesday spoke to Mohammed Nala, the head of strategic research at Nedbank Corporate and Investment Bank, about the risk of VAT going up and slowing the economy even further.

Listen to the conversation below:


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