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Budget 2024: no substance, or the best in an election year – economists

Although the Budget contained some good news for consumers, mainly on what was left out, all economists were not happy with it.

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Five Things to Watch For in South Africa s Pre-Election Budget

(Bloomberg) South African Finance Minister Enoch Godongwana will table his annual budget on Wednesday in the lead up to elections that opinion polls show will deprive the ruling African National Congress of a parliamentary majority for the first time in three decades.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Stocks Fall Before Nvidia’s Must-W

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Five things to watch for in Budget 2024

Finance Minister is simultaneously facing pressure from investors to stabilise public debt and rein in spending.

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Slow economic growth a major challenge for SA, says economist ahead of Godongwana s Budget Speech

On Wednesday, Finance Minister Enoch Godongwana will provide a detailed plan for 2024 spending, including proposals for revenue collection to help fund government’s planned interventions and commitments.

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S Africa s budget to consolidate more slowly, rate cuts delayed: Reuters poll

S Africa s budget to consolidate more slowly, rate cuts delayed: Reuters poll
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