HeyJaredStuart Theobald
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- Jul 8, 2026
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- Jul 8, 2026
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STUART THEOBALD | Why Enoch Godongwana is right to reject a wealth tax (opens the original)
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Inequality in South Africa is extreme and has many dire consequences, driving instability, poor productivity and damage to the fiscus. So, I can understand why a wealth tax sounds like a good idea. On the surface it straightforwardly tackles the problem, reallocating from the wealthiest to enable greater state resources. Finance minister Enoch Godongwana, however, poured cold water on the idea last week in parliament, saying that a wealth tax wasn’t optimal for the country. He is right; wealth t
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For Businessday, the outlet · Measured Aug 1, 2026
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