The Layman
Business | Economics | Politics
cost of living
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Read time:
3–5 minutesGet ready for a bumpy ride ahead – VAT increase, stealth tax and rising electricity prices
Read More →: Get ready for a bumpy ride ahead – VAT increase, stealth tax and rising electricity pricesSouth Africans are about to face several financial challenges in the coming months as taxes and tariffs increase. The biggest concern is that the proposed increase in VAT (value-added tax) has distracted people from more pressing issues. Not only will…
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Read time:
2–3 minutesHow Does A Reduction in the Repo Rate Affect You?
Read More →: How Does A Reduction in the Repo Rate Affect You?When the Repurchase rate (hereafter – repo rate) is reduced, individuals and firms who hold or seek repo-linked loans benefit the most. A reduction in the repo rate simple means that the cost of borrowing has declined. Thus, anyone who…
Baneng Naape
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