Economist warns pleasant VAT surprise doesn’t solve fiscal crisis [SOUND]

# Stellenbosch Business School economist André Roux says keeping VAT unchanged is good news for the public, but warns the government still has a big budget gap to fix. He adds with lower economic growth expected, tax income will shrink even more. Roux believes the best solution is to cut wasteful government spending and boost the South African Revenue Service’s ability to collect unpaid taxes: