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Debt is SA’s weakness: Over 20% of collected tax goes toward interest on past debt

24 Jun 2020

Finance Minister Tito Mboweni said on Wednesday that out of every rand that South Africans pay in tax, 21 cents goes to paying the interest on the country’s past debts.


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This content was originally published by IoL Business Report. Original publishers retain all rights. It appears here for a limited time before automated archiving. By IoL Business Report

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