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VAT hiked, more taxes and levies introduced Monday’s Budget Speech, and the announcement that Value Added Tax (VAT) will soon be increased alongside the introduction of other forms of taxes and levies, has left many scratching their heads and wondering how they are going to make ends meet. Delivering the Budget Speech, the Finance Minister, […]
FINANCE MINISTER: Dr Matsheka With the Minister of Finance and Economic Development (MFED), Dr. Thapelo Matsheka scheduled to deliver the 2021/22 Budget Speech on Monday, economists expect the minister to explicitly reveal how the country will emerge for the economic downturn caused by the Covid-19 pandemic. Last year, the government announced the Economic Recovery and Transformation Plan (ERTP) which is estimated to cost P14.5 billion. Speaking to Voice Money this week, Quantitative Analyst at First National Bank Botswana (FNBB), Gomolemo Bosele said the expectation is that Matsheka w...