DiscoverAGRI NEWS NETSouth African Farmers and Citizens Are Struggling to Build Wealth in South Africa
South African Farmers and Citizens Are Struggling to Build Wealth in South Africa

South African Farmers and Citizens Are Struggling to Build Wealth in South Africa

Update: 2025-11-13
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South African farmers and citizens face significant challenges in building wealth due to a combination of high taxes and rising prices. The tax burden includes personal income tax (PIT), capital gains tax (CGT), value-added tax (VAT), transfer duty, and estate duty, which collectively erode disposable income and savings over time.

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South African Farmers and Citizens Are Struggling to Build Wealth in South Africa

South African Farmers and Citizens Are Struggling to Build Wealth in South Africa