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Ratings agencies applaud budget - Treasury

Ratings agencies applaud budget - Treasury
22 February 2018 / Mfuneko Toyana and Marc Jones, Reuters
Good chance that Moody's won't cut in March, analysts say.
SA’s had no option but to increase VAT rate – Gigaba

SA’s had no option but to increase VAT rate – Gigaba

Mfuneko Toyana, Reuters / 22 February 2018
Finance minister says country should have hiked the tax two years ago.
Everybody’s talking about the VAT increase

Everybody’s talking about the VAT increase

Patrick Cairns / 22 February 2018
Had it become inevitable?
‘I think this is good enough to keep us from another downgrade’

‘I think this is good enough to keep us from another downgrade’

Patrick Cairns / 22 February 2018
Analysts believe that the finance minister has done enough.
SA’s investment grade could be restored in 18-24 months – Gigaba

SA’s investment grade could be restored in 18-24 months – Gigaba

Alexander Winning and Olivia Kumwenda-Mtambo, Reuters / 21 February 2018
Budget feedback from ratings agencies 'positive'.
Gigaba makes return to ‘sober budgets of Pravin Gordhan’

Gigaba makes return to ‘sober budgets of Pravin Gordhan’

Moneyweb / 21 February 2018
No mention of nuclear a relief, lack of focus on expenditure.
VAT hike is Zuma’s legacy

VAT hike is Zuma’s legacy

Ryk van Niekerk / 21 February 2018
Normal South Africans will now pay in cash for his mismanagement.
RAs still a ‘tax neutraliser’ despite budget – Standard Bank

RAs still a ‘tax neutraliser’ despite budget – Standard Bank

Errol Meyer / 21 February 2018
Rather than fret about the tax burden, consumers should focus on improving their financial planning.
Bonds advance as budget seen averting junk status

Bonds advance as budget seen averting junk status

Robert Brand, Bloomberg / 21 February 2018
Government forecasts debt growth slowing with bond issuance.
Fee-free higher education comes at a high cost

Fee-free higher education comes at a high cost

Sasha Planting / 21 February 2018
But quadruples the number of poor students that will receive an education.
The come-hither budget

The come-hither budget

Sasha Planting / 21 February 2018
It's designed to appease ratings agencies but does it go far enough?
Read the complete 2018 Budget Speech

Read the complete 2018 Budget Speech

Moneyweb / 21 February 2018
Malusi Gigaba delivers his first maiden budget.
VAT increased to 15%

VAT increased to 15%

UPDATE
Ingé Lamprecht / 21 February 2018
Proposal will likely be met by significant resistance from unions.
Eskom business model review kicked off

Eskom business model review kicked off

Antoinette Slabbert / 21 February 2018
Government to sell land to assist struggling SOCs.
Twelve weird and wonderful facts about the 2018 budget

Twelve weird and wonderful facts about the 2018 budget

Ingé Lamprecht / 21 February 2018
No country for grumpy old men.

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