Police in Limpopo have arrested a 33-year-old taxi driver for allegedly shooting and killing a man and his son following an alleged road rage incident on the N1.
A 33-year-old taxi driver is under police guard in hospital after he allegedly killed a man and his son at a petrol station in Makhado in a suspected act of road rage.
Tax hikes will not help economy grow, expert warns Updated
Jacaranda FM News
Share this:
As South Africa seeks to find ways to grow its sluggish economy and create jobs, experts are warning government that any hike in taxes would not be a good idea.
GoLegal.Creativecommons
He is expected to outline governments economic recovery plan as the county seeks to bounce back from the pain inflicted by the Covid-19 lockdowns.
Tax collection is going to be significantly down from a year ago and it is unlikely that the minister will push up tax rates, because the economy has reached the point where increasing tax rates won t result in more tax but will dampen the economy, says FNB wealth manager Andrew Duvenhage.