OP-ED

Time for serious investment in old-age pension grant

Instead of citing fiscus constraints as a reason for not addressing the plight of pensioners, effort should be made to reprioritise how funds are used. This – coupled with an increase in Corporate Income Tax, which has steadily decreased over the years and the introduction of a wealth tax – alongside an urgent action plan to clamp down on corporates that are not tax compliant, are some ways in which revenue to enable this could be generated.

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