Wed, 22 Feb 2012 16:55:00 +0200 Smokers and drinkers will certainly feel the pinch this year as the increases in duties on tobacco and alcohol products will be between 5% and 8% according to the 2012 National Budget outlined by Finance Minister Pravin Gordhan.
Wed, 22 Feb 2012 16:47:00 +0200 Expenditure on social grants will grow from R105 billion in the current financial year to R122 billion in the next three years to meet an expected rise in the number of social grant beneficiaries, which is predicted to consist mainly of children.