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Johannesburg Mayor Kabelo Gwamanda.
Avbob Investment Plan
JOHANNESBURG – Calls are growing for more items to be added to the basket of zero-VAT-rated items.
This as South Africans struggle to make ends meet as basic living costs outstrip inflation.
WATCH: COST-OF-LIVING CRISIS | INFLATION CONTINUES TO EAT AWAY AT DISPOSABLE INCOME
According to the latest Household Affordability Index by the Pietermaritzburg Economic Justice and Dignity Group, food prices have increased and will continue to do so.
Mervyn Abrahams, Programme Coordinator at the group, has welcomed government’s plan to exempt more essential food items from value-added tax.