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South Africa

South Africa Forum/News

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Zero-rated food and social grants won't soften VAT hike blow – Parliament's budget office

news24.com/news24...

submitted about 1 year ago by okuhle34

Zero-rated food and social grants won't soften VAT hike blow – Parliament's budget office

submitted about 1 year ago by okuhle34

Zero-rated food and social grants won't soften VAT hike blow – Parliament's budget office
  • The Rand gained slightly against the Dollar but lost value against the Pound, Euro, Australian Dollar, and Yen.
  • Precious metals like Platinum, Palladium, Gold, and Silver saw price increases, while Brent Crude oil prices also went up.
  • Stock market indices like the Top 40, ALSI, RESI 10, INDI 25, and FINI 15 remained stable with no change in percentage.
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