VAT increase hits consumers hard

source: Mmegi
Staff Writer

Consumers are feeling the brunt of the two percent Value Added Tax (VAT) increase that came into effect on April 1, a snap survey by The Monitor in Gaborone has revealed.

Kagiso Kagiso is of the view that the government’s decision to increase VAT was ill-considered as the cost of living was high already. A drinker, Kagiso says the price of Chibuku has gone up by 25thebe.

Agnes Major fells the sting of VAT in her baby feed, especially First Growth formula which she says she used to buy for P14.95 but now costs P17.95.

“We have to compare prices thoroughly now,” she says.

Pearl Tsapoga, who dscribes herself as a low-income earner, says the recent VAT increment has added to the suffering of people like herself, especially that it came when there was no salary increment.

“Life has become tougher for us low-income earners as we have to [continue reading]

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