Economy

PPS Investments: To The Point

Budget 2023: Powering South Africa

Sanlam Corporate and Simeka Consultants and Actuaries weigh in on the Budget Speech

2023 Budget: A taxing balance

Is Budget 2023 another damp squib?

It took just short of an hour for the Minister of Finance to deliver his 2023 Budget address and about the same amount of time for attendees to realise there were no quick fixes for South Africa’s myriad challenges. Minister Enoch Godongwana trotted out the usual promises in areas like austerity, creating an enabling environment for economic growth, fiscal discipline and getting tough on crime and corruption; but also took a ‘softly, softly’ approach to addressing cost drivers such as the public sector wage bill.