SA Collects R1.4 Trillion A Year In Taxes – BUSA

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South Africa collects on average R 1.4 trillion a year in taxes from its population of about 60 million people, proving that the country is not poor.

This is the sentiment shared by the President of Business Unity South Africa, Professor Bonang Mohale. He says that the funds are however being mismanaged, which leads to thousands going to bed hungry.

The Inclusive Society Institute has hosted a dialogue proposing the establishment of a National Anti-Corruption Council. Mohale says that the country’s young democracy has been gripped by state capture, despite efforts to bring these criminals to book.

He has lamented that some members of Cabinet that have been found to have benefited from corrupt deals are still in parliament. 

[Picture: www.imf.org]

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Dec 5, 2021
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