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Articles by Velenkosini Matsebula
VAT Increase: a solution or just a short-term fix to a long-term crisis?
SA’s VAT hike to 16% may ease debt but worsens stagnation. True relief lies in growth, reforms, and expanding the tax base—not more taxes. The South African government has once again turned to taxation as a means of addressing its fiscal challenges, announcing an increase in the value-added tax (VAT) rate by half a percentage point in 2025/26 and another half a percentage point in 2026/27, bringing the final rate to 16%.
VAT Increase, a solution or just a short-term fix to a long-term crisis?
The Minister of Finance, Mr Enoch Godongwana delivers the Devision of Revenue Bill (Budget Speech) to Members of the National Assembly on Wednesday. Published 9m ago | Published 9m ago Dr Velenkosini Matsebula The South African government has once again turned to taxation as a means of addressing its fiscal challenges, announcing an increase in the value-added tax (VAT) rate by half a percentage point in 2025/26 and another half a percentage point in 2026/27, bringing the final rate to 16%.
Harnessing Innovation toward Africa’s Inclusive Growth
As we commemorate Africa Day, we are reminded of the continent's rich cultural heritage, its vibrant diversity, and its people’s resiliency. This day serves as a beacon of unity and progress for Africa. However, beneath the celebration lies a critical reflection on the challenges and opportunities that define Africa's journey towards sustainable development.
Harnessing Innovation toward Africa’s Inclusive Growth
As we commemorate Africa Day, we are reminded of the continent’s rich cultural heritage, its vibrant diversity, and its people’s resiliency. This day serves as a beacon of unity and progress for Africa. However, beneath the celebration lies a critical reflection on the challenges and opportunities that define Africa’s journey towards sustainable development.
Harnessing Innovation toward Africa’s Inclusive Growth Original
Dr Velenkosini Matsebula is a Senior Lecturer in Development Finance at Stellenbosch Business School. Image: Supplied. Published 8m ago | Published 8m ago By Dr Velenkosini Matsebula As we commemorate Africa Day, we are reminded of the continent's rich cultural heritage, its vibrant diversity, and its people’s resiliency. This day serves as a beacon of unity and progress for Africa.
South African banks need to do more to ensure financial inclusion
An analysis of financial inclusion in South Africa shows that affordability limits poor households’ access to formal financial services. In our study, which looked at people’s use of financial goods and services between 2008 and 2015, we found that there was a general increase in use. But this was severely skewed to households with higher incomes. Financial inclusion is broadly defined as the ability of people to access a range of affordable financial services.
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