Concern over the new taxes that will fund South Africa’s NHI


Honorary Master
Aug 23, 2013
While Mboweni would not be drawn into responding to questions of how much the NHI is expected to cost, the National Treasury announced in its Medium-Term Budget Policy Statement last month that the health coverage roll-out will require an addition R33 billion annually from the 2025/26 financial year.

This would be in addition to the previous estimations contained in the Green and White Papers of 2011 and 2017 respectively, of R74 billion a year.
R110bn extra, don't worry, it's less than 10% more added to the R1.4tn they wanted to collect this year where they already had a R60bn shortfall.