Skip to content

MK Party welcomes VAT ruling, slams GNU’s economic agenda

# The MK Party has welcomed the Western Cape High Court’s suspension of the VAT hike. The party warns the ruling only addresses a symptom of deeper economic collapse under president Cyril Ramaphosa’s Economic Reconstruction and Recovery Plan. The MK Party slammed rising interest burdens, looming privatisation, and deep austerity. It also calls for the resignation of Finance minister Enoch Godongwana and the adoption of a people-centered recovery plan that rejects market-driven policies.