PODCAST: Inside South Africa’s Tax Freedom Day

Tax Freedom Day is that point in the year when you pay off your tax burden to the state and start working for yourself. Dr Richard Grant joins Michael Avery to get to the guts of the issue.
June 1, 2026
1 min read

For a thought-provoking conversation unpacking South Africa’s 2026 Tax Freedom Day in this week’s The Monocle Banking Podcast, Michael Avery is joined by Dr Richard Grant, professor of finance and economics at Cumberland University and senior consultant for the Free Market Foundation.

The discussion explores the relationship between taxation, government spending and economic growth in South Africa, while examining how policy choices, public investment, and trust in institutions shape the country’s long-term fiscal and economic future. The conversation also considers what conditions are needed to support productivity, expand opportunity and create sustainable growth.

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Michael Avery

Michael Avery is a South African business journalist, broadcaster and columnist who spends his days interrogating CEOs, policymakers and markets on Classic Business and Business Talk.

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