Currently, the South African government gets a huge proportion of its revenue from taxes. For example, in the 2014/2015 financial year, 87% of the 1, 2 trillion government revenue came from taxes alone. The economy is in a technical recession and unemployment is at its highest levels since the 2008/09 downturn with over 9,5million people unemployed. Indications from SARS are […]» Read more
Tag Archives: wage bill
The South African Public Sector Now Consumes 40.6 % of Gross National Revenue in Public Sector Wage Bill.
By Sunburst Staff Johannesburg – Sunburst Africa –The south African public sector now employs 23.3 percent ( 2, 161,000) people out of the close to 9,000,000 non-farm formal sector employees- according to Statistics South Africa (Stats SA) annual report. This is more than double what it was in 2005- a decade ago. One may argue that the government is creating […]» Read more