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On Wednesday, 21 February 2018, Finance Minister Malusi Gigaba presented the annual Budget Speech in the National Assembly.  He announced the rise in the value-added tax (VAT) rate from 14% to 15% effective 1 April 2018. As a result of this increase, all credit product pricing, including monthly subscriptions, will be adjusted to reflect this new change with effect from 1 April 2018.

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