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South Africans pay a R1 billion ‘robbery tax’ every month | Mukoko News

HomeSouth Africans pay a R1 billion ‘robbery tax’ every month

1 min readBy Malcolm Libera

South Africans pay a R1 billion ‘robbery tax’ every month

By Malcolm Libera·October 3, 2026·South Africa

The Reserve Bank estimate that South Africans effectively pay a R12 billion “robbery tax” every year.

Continue reading at BusinessTech

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Finance South Africa South African Reserve Bank (SARB)

About this article

Length: 16 words · 1 min read
Published: October 3, 2026
Byline: Malcolm Libera
Source: BusinessTech