22-05-2025
We need innovative ways to stimulate economic growth
PIETERMARIZBURG - Finance minister Enoch Gondongwana has finally tabled his budget,
at the third time of asking.
WATCH | Budget 3.0 | Alarm over rising debt costs
A proposed VAT hike forced a delay, largely due to political pushback that rejected the hike.
It remains at 15 percent, but the fuel levy goes up in June.
The Portfolio Committee on Finance is worried about budget cuts that could affect education, health and bulk infrastructure.
Mervyn Abrahams from the Economic Justice and Dignity Group spoke to eNCA.
