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Budget Speech 2025 | Economists reactions to budget

SABC News 9,191 14 hours ago
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Despite widespread criticism, Finance Minister, Enoch Godongwana, has proposed a VAT increase of half-a-percentage point this year - to be followed by another 0.5 percentage point increase next. Consumers will also have to fork out more for alcohol, cigarettes and vaping, but there will be marginal increases for social grant beneficiaries. Economists react to the budget. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

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