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AS Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, readies to present the 2024 National Budget tomorrow, expectations a. ....
The third quarter of 2023 has been characterised by a worsening of global economic conditions, with global growth forecasts revised downwards by the IMF, rising fuel prices, and the expectation that interest rates will remain “high for longer”. This has impacted on the global diamond market, which has experienced a persistent weakening of demand through the year. Domestically, annual GDP growth has fallen, but remains in line with expectations. Inflation has risen, also as expected, and is likely to rise further in the coming months, driven mainly by global factors. ....
The taxman shared recently that having set a P60 billion target for the 2023/24 financial year, the tax agents have already collected as much as P32.9 billion ....
Government intends to transfer more than 400 of its services online in the next two financial years, as part of the strategic priority of digitisation. ....
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