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News and coverage of South Africa’s most recent and past budget policy statements, speeches and related articles.

Government plans to consolidate existing state-owned banks

26 Feb 2020 /  Moneyweb   
As part of plan to establish an enlarged state-owned bank.

National Treasury lowers 2019, 2020 economic growth forecasts

26 Feb 2020 /  Moneyweb  
The institution brings its growth forecasts in line with private-sector expectations.

Tax reprieve for South Africans in 2020

26 Feb 2020 /  Amanda Visser   8
Individuals will get relief of R2bn due to an above-inflation increase in the tax brackets.

Government increases tax-free cap on foreign income

26 Feb 2020 /  Amanda Visser   9
The concept of emigration is to be replaced by a verification process.

Greater focus on rebuilding Sars

26 Feb 2020 /  Amanda Visser  
Government to publish a discussion document by June.

Rand tiptoes weaker

26 Feb 2020 /  Melitta Ngalonkulu   1
Ahead of the budget speech.

Key considerations for the 2020 budget

26 Feb 2020 /  The Banking Association South Africa   1
The finance minister’s priority must be to prevent a further credit ratings downgrade by Moody’s.

Rand steady before crucial budget speech

26 Feb 2020 /  Alexander Winning, Reuters   3
A Reuters poll predicted the budget deficit would rise to 6.2% of GDP.

These charts show South Africa’s tough budget task

26 Feb 2020 /  Prinesha Naidoo, Bloomberg   4
Traders are anticipating wider price swings in the rand after the budget.

News on the ‘wealth’ for the sovereign fund eagerly awaited

26 Feb 2020 /  Amanda Visser   14
There's little logic behind creating such a fund in a sea of government debt.

Bright young minds tell government: ‘Act now and we can recover’

26 Feb 2020 /  Farhad Sader   7
The top concern among tomorrow’s economic leaders: the high levels of corruption in government and what it's doing to SA's investment prospects.

Tax increases would spell gloom for SA retail stocks

25 Feb 2020 /  Adelaide Changole, Bloomberg   7
Consumer spending power in Africa’s most-industrialised market is under severe strain.

Don’t expect major announcement on wage bill: unions

25 Feb 2020 /  Tebogo Tshwane    20
They say they've rejected most of government's proposals to curb remuneration expenditure as an austerity mechanism.

High noon for e-tolls

25 Feb 2020 /  Roy Cokayne   9
Final decision expected to be announced in the budget.

#Budget2020 expectations

24 Feb 2020 /  Moneyweb   6
Absa economist Peter Worthington shares his views on the stealth tax, a Vat increase, constraining expenditure, SOEs and Treasury’s plan for growth-boosting reforms.

The Budget Speech explained
Moneyweb’s 2020 national budget offering, including infographics and audio ratings, as well as past budget coverage....

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