Moneyweb
MENU
Moneyweb
 
INSIDER
OFFERS MONEYWEB
CRYPTO
Home    In depth

LATEST Budget  

News and coverage of South Africa’s most recent and past budget policy statements, speeches and related articles.
Structural reforms: Some progress

Structural reforms: Some progress

24 Feb 2021 /  Larry Claasen    1
Early victories for Operation Vulindlela.
SA to bailout Land Bank after debt default

SA to bailout Land Bank after debt default

24 Feb 2021 /  Rene Vollgraaff, Bloomberg   2
Will receive R5 billion in 2021-22, and R1 billion in each of the two subsequent fiscal years.
End of the road for Section 12J

End of the road for Section 12J

24 Feb 2021 /  Larry Claasen   2
The incentive will come to an end at the end of June.
Treasury puts the brakes on the wage bill

Treasury puts the brakes on the wage bill

24 Feb 2021 /  Jan-Jan Joubert   6
Government buoyed by the Labour Appeals Court judgment limit increase for the next three years.
Tax relief for embattled taxpayers, but not all is rosy

Tax relief for embattled taxpayers, but not all is rosy

24 Feb 2021 /  Amanda Visser   15
Above-inflation increases in alcohol and tobacco excise duties announced.
Government pays, settles R267m demand for SAA guaranteed letters of credit

Government pays, settles R267m demand for SAA guaranteed letters of credit

UPDATE
24 Feb 2021 /  Roy Cokayne   1
Budget Review reveals additional R4.3bn allocation to SAA in 2020/21 and R1.8bn in 2022/23.
Infrastructure spending boost in the budget

Infrastructure spending boost in the budget

24 Feb 2021 /  Roy Cokayne   1
Infrastructure expenditure estimated to increase by 20.6% to R226.1bn in 2020/21.
Eskom unbundling expected to be completed by December 2022

Eskom unbundling expected to be completed by December 2022

24 Feb 2021 /  Thando Maeko    2
Will be separated into three divisions – transmission, generation and distribution.
Government targets tax incentives because of ‘persistent trade-off’

Government targets tax incentives because of ‘persistent trade-off’

24 Feb 2021 /  Amanda Visser   
Section 12J sunset date will not be extended.
Mboweni surprises: 2020 budget deficit revised down to 14% of GDP

Mboweni surprises: 2020 budget deficit revised down to 14% of GDP

24 Feb 2021 /  Suren Naidoo   1
But this still comes in at a record high due to the Covid-19 economic fallout.
Slight relief from the impact of Covid-19

Slight relief from the impact of Covid-19

24 Feb 2021 /  Amanda Visser   
Companies claim R57.3bn from Ters scheme.
Treasury allocates R9bn to SA’s Covid-19 vaccination plan

Treasury allocates R9bn to SA’s Covid-19 vaccination plan

24 Feb 2021 /  Suren Naidoo    2
Estimates overall roll-out of ‘free mass vaccination campaign’ will cost R19.3 billion.
LIVE ARCHIVE: Watch the budget speech

LIVE ARCHIVE: Watch the budget speech

UPDATE
24 Feb 2021 /  Footage: SABC   1
Read Finance Minister Tito Mboweni's full speech.
Rand slips as investors await annual budget

Rand slips as investors await annual budget

24 Feb 2021 /  Promit Mukherjee, Reuters  
In early trade the rand was at R14.58 per dollar.
Charts showing what to look for in Mboweni’s budget

Charts showing what to look for in Mboweni’s budget

23 Feb 2021 /  Prinesha Naidoo   5
Expected to outline steps to revive an economy.

TAX CALCULATOR  

How much do you earn per year?
How old are you?

Income:
Total tax:
Rebates:
Income after tax:

Income:
Total tax:
Rebates:
Income after tax:
Moneyweb is a financial, investment news provider and not a tax- or financial advice authority. Please contact Sars or a registered tax practitioner for any tax-related queries.
 
 

ECONOMIC DATA  

  CPIThe Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products Feb 2021 3.20%
  CPI ex OERThe Consumer Price Index excluding Owners’ Equivalent Rent (CPI ex OER) measures monthly changes in prices for a range of consumer products excluding Owners’ equivalent rent that measures changes in the cost of owner-occupied housing Feb 2021 3.40%
  RepoThe rate at which the Reserve Bank lends money to the country’s commercial banks and set by the Reserve Bank’s Monetary Policy Committee. Mar 2021 3.50%
  Prime lendingThe Prime Lending Rate is the rate of interest that commercial banks will charge their clients when issuing a loan (home loan or vehicle finance) Mar 2021 7.00%
USD/ZAR
GBP/ZAR
EUR/ZAR
AUD/ZAR
Yuan/ZAR
INSIDER SUBSCRIPTIONS APP VIDEOS RADIO / PODCASTS SHOP OFFERS WEBINARS NEWSLETTERS TRENDING PORTFOLIO TOOL CPD HUB

Follow us:

Search Articles: Advanced Search
Click a Company:
  Unit Trusts
  SENS
  Financial Advisors