Tag: VAT Increase South Africa Electricity

VAT Increase South Africa Electricity: Consumers Brace for Double-Digit Price Shock

Proposed 2% VAT Hike to 17% Coupled with Eskom’s 12.7% Tariff Rise Threatens Households and Businesses with Soaring Costs as Government Seeks Revenue Amid Fiscal Strain. Johannesburg, South Africa – March 3, 2025 – South African consumers are staring down the barrel of a financial double whammy as the government mulls a contentious 2% increase …

Continue reading