Global oil prices raising inflation fears

Credit to Author: Tempo Desk| Date: Thu, 11 Apr 2019 16:30:05 +0000

  WHEN market prices started rising last year, critics blamed the administration’s Tax Reform for Acceleration and Inclusion Act (TRAIN) which, while lowering personal income tax rates, imposed a tariff of R2 per liter on diesel and other fuel imports where there had been none before. The new tariff raised the cost of diesel, thus […]

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