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Mediclinic News : 10 THINGS TO LOOK OUT FOR IN MBOWENI'S 2020 BUDGET ADDRESS

Title

10 THINGS TO LOOK OUT FOR IN MBOWENI'S 2020 BUDGET ADDRESS

Date

2020-02-26

Link

10-things-to-look-out-for-in-mbowenis-2020-budget-address-20200226

News Description

FIN24 Finance Minister Tito Mboweni will deliver his 2020 Budget address on Wednesday afternoon as the country battles record-high unemployment, depressed economic growth, the likelihood of tax revenue shortfalls, and grim warnings that South Africa is marching towards a downgrade by Moody's, the last major ratings agency to still assess SA's sovereign debt at investment grade. From the prospect of a renewed drive to cut the wage bill of state employees, to a hike in VAT and the establishment of a deposit-taking state bank, here's what to look out for when the minister starts his speech at 2 p.m.
Created at 2020/03/03 10:08 AM by Mediclinic
Last modified at 2020/03/03 10:08 AM by Mediclinic