Finance Minister Malusi Gigaba's Budget speech, which included a number of tax increases set to deliver South Africa's dream of free higher education, has been met with mixed responses from South Africans.
South African students have protested for free education for three consecutive years. Little did they know they would pay for it in other ways. Among the "sin taxes" set to be increased are those on alcohol and cigarettes – and judging by social media, sinners are unhappy.
#Budget2018 Rise in alcohol and tobacco increases:
- Spirits by R4.80 per 750ml bottle
-Sparkling Wine by 73c per 750ml bottle
-Cigarette Tobacco by R1.37 per 50g
-Cigars by R6.45 per 23g #eNCA #BudgetSpeech2018— Heidi Giokos (@Heidigiokos) February 21, 2018
No one was ready...
Gigaba also announced that VAT would increase by one percentage point, a shocker for many.
Malusi Gigaba is dillusuonal about saying VAT increase will not have an impact on the poor. #Budget2018— Not Adv Ngcukaitobi (@AdvNgcukaitobi) February 21, 2018
VAT increase 💔 😓 #Budget2018— HermaineM. (@HermaineM) February 22, 2018
By increasing VAT, the ANC is making the poor pay for Zuma's destruction of the economy. A new deal for who? #Budget2018— Gavin Davis (@gavdavis) February 21, 2018