Lewis CEO Johan Enslin takes aim at high corporate taxes
Credit sales of the retail group jumped close to one-fifth in the past financial year
Lewis CEO Johan Enslin says SA has a very high corporate tax rate and it would be nice if the furniture firm received some “real value” in return for the taxes it pays, but it “wasn’t banking on it”.
He specified a need for a functional rail system to transport Lewis’s imported furniture from Durban’s harbour and a reliable electricity supply, saying load-shedding has weakened the economy, which dampened consumer demand for its products...
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