Breaking: VAT Deal Saves GNU from Collapse as South Africans Express Frustration

2025-04-24
Breaking: VAT Deal Saves GNU from Collapse as South Africans Express Frustration
Daily Maverick

In a dramatic turn of events, a last-minute deal between the National Treasury and the Democratic Alliance has averted a potential crisis for the Government of National Unity. The agreement to drop the contentious VAT increase and potentially settle the DA's VAT case out of court has likely saved the GNU from collapse. This development comes as a new survey reveals that South Africans are increasingly fed up with the ongoing drama, using the colloquial term 'gatvol' to express their frustration. With the country's economic future hanging in the balance, this deal may have come just in time to restore stability and alleviate concerns about the impact of VAT on the economy. As the situation continues to unfold, South Africans will be watching closely to see how this deal affects the government's ability to navigate future challenges and address the nation's economic woes, including issues related to tax reform and fiscal policy. Key issues such as economic growth, tax compliance, and budget planning will be crucial in the coming months.

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