The National Health Insurance means a higher tax burden for South Africans

4 months ago 15

South Africa Signs New Health Law

Cyril Ramaphosa, South Africa's president, shows the signed bill for National Health Insurance signed into law in Pretoria, South Africa, on Wednesday, May 15, 2024. (Leon Sadiki/Bloomberg via Getty Images)

If value-added tax were to be used to fund the insurance, it would have to rise from 15% to 21.5%

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