South Africa lowers tax revenue for 2015/16 fiscal year on weak growth – Reuters Africa

South Africa lowers tax revenue for 2015/16 fiscal year on weak growth – Reuters Africa

South Africa lowers tax revenue for 2015/16 fiscal year on weak growth
Reuters Africa
The 2015 GDP growth forecast of 1.5 percent, cut from 2.0 percent, would push revenue collection back to an estimated 1,073.7 billion rand ($74.73 billion), the SARS revenue services said. Growth in Africa’s most industrialised economy is being curbed

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South Africa lowers tax revenue for 2015/16 fiscal year on weak growth – Reuters Africa