Finance Minister Enoch Godongwana has made use of a R182 billion tax revenue surplus to put money back in the pockets of consumers by snubbing increases on the fuel and Road Accident Fund (RAF) levy.
Tabling the national budget at Parliament on Wednesday, Godongwana announced no major tax increases, saying this was not the time, given SA’s fragile economic recovery.
Developmental economist, Ndumiso Hadebe, has pointed out the silence on how to address the ailing state-owned entities, while chief economist at IQ Business, Sifiso Skenjana, wanted to hear more about the plan to deal with Eskom’s debt.