Doubts: Banking Association SA MD Cas Coovadia says speculation that President Jacob Zuma wants to disregard the Heher commission report ‘muddied the waters’. Picture: ROBERT TSHABALALA Free university education for all is neither affordable nor desirable, but the government could raise the money to help academically capable students who need financial assistance, says the Davis tax committee.
It has proposed a hybrid system of grants for poor people, government-backed loans for the "missing middle" and fees for the wealthy, which it says would require an extra R15bn a year.
Increasing the top marginal tax rate for individuals by 1.5 percentage points […]
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