
BN Briefing: DA in fierce battle to stop 1 May VAT increase, Zuma's MK Party wins a first
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The Democratic Alliance began a court challenge to stop a proposed tax increase - a case threatening to fracture the coalition government. Chief economist Dawie Roodt feels the case won’t succeed, but the ANC will lose out when VAT increases. BizNews Premium contributor John Matisonn assesses how ex-President Jacob Zuma’s populist Mkhonto weSizwe Party won its first metro seat in a by-election in eThekwini last week. And our partners at Bloomberg dissect the few winners in a volatile market, with Netflix, a holding in the BizNews portfolio, seen as a recession-proof stock. More with Bronwyn Nielsen: