NO AUSTERITY NEXT YEAR : NCUBE

AUSTERITY measures introduced by government this year will
be over by next year when the country starts experiencing economic growth,
Finance and Economic Development minister Mthuli Ncube has said.

In addition to the cost-cutting measures, Ncub…

AUSTERITY measures introduced by government this year will be over by next year when the country starts experiencing economic growth, Finance and Economic Development minister Mthuli Ncube has said. In addition to the cost-cutting measures, Ncube introduced a 2% tax on intermediated financial transactions to shore up government coffers, leaving an already overtaxed citizenry hard pressed.