Economy / General

Taxes may not rise, but that doesn't mean that South Africans will necessarily be better off after this year's national budget is announced this week

Budget preview: Revenue overruns to provide some breathing room

Thanks to the increase in the prices and volumes of our mining exports, we expect to see continued revenue overruns in the current fiscal year when Finance Minister Enoch Godongwana presents his budget next week. Our expectation is for an overrun of around R75bn, with decent tax collection across the board, but an especially strong performance from company income tax collection.

South Africa must aim for 5 percent economic growth rate

2022 is a year of reactions and normalisation from Covid-19. The global economy will be slowing down significantly more than previously thought.

CPI for January 2022

Consumer price inflation increased by 5.7% year-on-year in January 2022, which was down from the 5.9% increase recorded in December 2021.