Tag: social grants
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Democracy in South Africa: 30 years in 8 charts
As South Africa marks 30 years of democracy, the legacy of the African National Congress is under scrutiny. On one hand, nearly half the population receives some form of grant funding, but unemployment rates are alarmingly high and business confidence has waned significantly. These economic challenges cast a dark shadow over the milestone that is 3 decades…
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6% of taxpayers pay 60% of personal income tax in South Africa
But only one in five of the country’s 40-million working-age people earn enough to pay this tax.