South Africa News

Informal traders call for scrapping of VAT on chicken products

The South African Informal Traders Alliance has asked the government to remove value-added tax and tariffs on all chicken products.

The organisation — which represents over a million informal and micro-businesses — says that this would provide some relief to informal traders.

It would also benefit low-income households.

The call from the industry body comes as higher inflation continues to push the price of food and transport up.

This, while wages remain the same or increase at lower levels.

Inflation figures released earlier this week show inflation rose to 5.9 percent in March.

Consumer inflation is expected to surge in the coming months.

This may lead the Reserve Bank to continue raising interest rates.

-eNCA

In other news – These are the top 10 richest DJ’s in SA and their net worth as of 2022

The list of the richest DJ’s in South Africa has been updated and Mzansi has been talking about the new 2022 list of the disc jockeys and h0w much they are racking in. Here are the top 10 richest DJ’s in South Africa and their net worth in Rands.

Uncle Waffles

1. Black Coffee (R 90 Million) – Without a doubt, Black Coffee is the richest DJ in South Africa, if not the whole of Africa. The DJ recently won a Grammy, which solidified his impact and riches. Learn More