Open letter to all @KaizerChiefs. Supporters, Management and Sponsors
.let's allow the Team space to fight for every game.
Its to Early to crown them League champions for 2025/2026.also let's give the Players space and not add to the pressure
#NABI#khadZi@thomasmlambo
https://t.co/9IDGDdQHlD : I just placed a bet with Betway. Tap here to copy my bet or search for this booking code in the Multi Bet betslip BW94A8563
#BetwayPrem2025 /26 season
Dear @KaizerChiefs can you please have 1 home venue this year and turn it into a slaughter house....I want to see oppositions becoming scared big time in 2025/2026 season.
@SAfmRadio
Shalom and Win Today, mdala Thulasiwe it seems like in ZAR it's normal practice for #Eskom, #Municipalities and Governments to waste finances only to charge already pressured SANS. Look at the reasons always given it never include something like "we abused yr trust"
@iDiskiTimes Final score KChiefs 2 1 OPirates ....just a question to @juniorkhanye13... Are you going to apologies too your former paymaster KChiefs?
Champions League her comes #NABI
@iDiskiTimes Eishhhhh brother upside down, agterste voor....predictions....Junior K does not read the atmosphere in the room....today will be a shocker for many OP supporters....
@Eskom_SA plans to take over electricity distribution in debt-ridden municipalities like Sol Plaatje & Tsantsabane. With R5.1bn owed, Eskom aims to secure supply & revenue. A new era for local governance?
𝗔𝗖𝗗𝗣 𝘄𝗲𝗹𝗰𝗼𝗺𝗲𝘀 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆’𝘀 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁 𝘁𝗼 𝗿𝗲𝘀𝗰𝗶𝗻𝗱 𝗽𝗿𝗼𝗽𝗼𝘀𝗲𝗱 𝟬.𝟱% 𝗩𝗔𝗧 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲
The African Christian Democratic Party (ACDP) welcomes National Treasury’s announcement to rescind the proposed 0.5% VAT increase. We were one of the political parties that opposed the VAT increase, initially at 2% and now at 0.5%, by voting against the Fiscal Framework and Revenue Proposals on 2 April 2025.
The ACDP is on record calling for a senior counsel’s legal opinion on what we believe was a flawed process in the Standing Committee on Finances. It seems this concession was largely made as a result of the High Court application brought in the Western Cape to interdict the implementation of the VAT increase.
This is a victory for democracy given the public outrage at the proposed VAT increase.
We are concerned that it has taken two months of wrangling to reach this decision. Businesses have had to prepare their systems to implement the 0.5% increase from 1 May 2025. This will now have to be reversed, through what in effect will be a third Budget that Parliament will have to pass.
The ACDP remains concerned that personal tax brackets and rebates will not be adjusted for inflation this year - for so-called bracket creep. This results in effect to a tax increase that will, according to National Treasury, raise revenue of R19.5bn. We trust that this issue will also be considered by the new Budget.
We also trust that the new Budget will consider the economic growth projection of 1.9% of GDP, which the ACDP questioned, and the Standing Committee on Finance called ‘too optimistic’. The International Monetary Fund (IMF) has revised the county’s growth forecast to 1% of GDP, which is far lower than National Treasury’s growth forecast of 1.9% of GDP. This brings National Treasury’s revenue and other projections into question.
The solution is to present a pro-growth budget that cuts unnecessary spending and wastage, and makes investment and job creation a priority. The ACDP calls on government to discontinue all underperforming and unnecessary programmes.
Lastly, the ACDP believes that closing the tax gap (between what is owed to SARS and what it collects - estimated to be R800bn) by only 10% would result in an additional R80bn for state coffers. The extra R8.8bn SARS collected by the end of March 2025 can also help balance the books.
-ENDS-
Hon. Steve Swart, MP
ACDP Parliamentary Whip
Media enquiries: Keeno Petersen
ACDP Parliamentary Media Liaison
Cell: 073-580-2902
On 2 April 2025 there was massive celebration in the National Parliament by +/- 223 parliamentarians.....
Last night #FinanceMinister withdrew the 1% over 2 years #VAT increase.
Just one question remains unanswered: DID YOU VOTE IN FAVOR of a VAT increase or Not?