Businesses once again in jeopardy

We should expect to see plenty more lobbying for a 9% VAT rate for certain sectors as Budget 2025 plans start to take shape

It seems certain further action will be needed from the authorities to save many businesses and the jobs they provide. File Picture

Hospitality sector

Just a few short weeks ago, the country was consumed by a crisis in the hospitality sector — focusing particularly on the viability of many restaurants, scores of whom announced their closure due to increasing costs and staffing issues.