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Sunday World Podcast

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58 回視聴 ・ 1いいね ・ 2024/02/22

Minister Enoch Godongwana announced an increase in sin taxes

Finance Minister Enoch Godongwana has announced an increase in sin taxes, which are levied on goods and services deemed harmful to society, such as tobacco and alcohol.

This decision is part of the government's broader fiscal strategy to generate additional revenue and address public health concerns associated with the consumption of these products.

The Minister emphasized the importance of balancing the need for increased revenue with the potential impact on consumer behavior and economic activity.

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