South Africa's finance department, the National Treasury, has proposed amendments to the current tax policy framework for a range of taxes.
Changes have been proposed to the alcoholic beverages, carbon taxes and amendments to the tax treatment of collective investment schemes.
The latter one is seen by some as introducing the wealth tax that civil society has been advocating for.
Thami Ngubeni spoke to Wealth Manager at Rand Swisss, Viv Govender