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SA is an overtaxed nation - Outa

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Cape Town - South Africa is an overtaxed and uncompetitive country that is inching closer to junk status, according to chairperson of the Organisation Undoing Tax Abuse (Outa) Wayne Duvenage.

He was responding to President Jacob Zuma's televised address following the Constitutional Court ruling that he violated the Constitution and that the Treasury must determine how much he should pay for the upgrades at his Nkandla mansion.

Zuma told the nation on Friday evening that he welcomed the judgment, adding that he respects the ConCourt’s ruling and will abide by it.

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