Zweli Mkhize says a VAT increase should be implemented as a last resort [SOUND]

# Parliament’s Cooperative Governance committee chairperson, Zweli Mkhize, says increasing the value-added tax rate should only be implemented as a last resort. Last month, Finance minister Enoch Godongwana’s budget speech was postponed after several cabinet ministers objected to a proposal to increase VAT by two percentage points. Mkhize says a VAT increase will hit the poor the hardest and municipalities will lose more revenue: