World Business Report

South Africa’s budget deadlock: Treasury proposes smaller VAT hike

Informações:

Sinopsis

South Africa’s National Treasury has presented a revised budget that includes a smaller increase in value-added tax. The move is aimed at breaking the deadlock within the coalition government after disagreements led to the postponement of last month’s budget—the first delay of its kind in 30 years. Also on the programme, the trade war heats up in Europe. We’ll hear from the European Commission's spokesperson as the group retaliates against President Trump’s 25 per cent tariffs on steel and aluminium.And—does the internet have a memory problem? The BBC’s Frey Lindsay has been investigating the phenomenon known as "link rot."