IFP vows to hold govt accountable to ensure VAT hike doesn't burden poor & working class
The party’s two-day national executive committee (NEC) concluded that the VAT hike should be used to grow the economy but should not take a toll on citizens.
The IFP leadership held a media briefing on 7 April 2025 following its two-day national executive committee. Picture: Nhlanhla Mabaso/EWN
DURBAN - The Inkatha Freedom Party (IFP) is determined to hold government accountable in a bid to prevent the value-added tax (VAT) increase from burdening the poor and working class.
It said it believes the VAT must be a temporary measure.
The party’s two-day national executive committee (NEC) concluded that the VAT hike should be used to grow the economy but should not take a toll on citizens.
The IFP believes that the VAT increase is a solution pending other economic incomes for the country.
The party said it was a better solution than borrowing, adding that it shouldn’t put people in difficulty.
READ: Ramaphosa says it's unlikely treasury will find way to scrap VAT increase
IFP president, Velenkosini Hlabisa, said: "The IFP will hold the government accountable to ensure that VAT increases do not disproportionately burden the poor and working-class South Africans, and we will continue to advocate for pro-poor economic policies."
He added that while the government is working on growing the economy, it will not do so overnight.
[WATCH] The IFP is briefing the media on the outcomes of its National Executive Committee meeting which took place over the past two days. This briefing will also focus on the state of the Government of National Unity (GNU) which the party is part of. @_NMabaso pic.twitter.com/rKqMgUn62p
— EWN Reporter (@ewnreporter) April 7, 2025