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Godongwana must stick to agreed public sector wage savings and resist populist calls for additional unaffordable spending

08 November 2021 | General

Old Mutual Investment Group economist, Johann Els, has urged the Minister of Finance, Enoch Godongwana, to deliver a positive outcome in his inaugural Medium-Term Budget Policy Statement (MTBPS) this month, that allocates the 2021/22 tax revenue overrun for maximum long-term benefit.

Can Government trigger a meaningful economic revival with the MTBPS

08 November 2021 | General

New Finance Minister Enoch Godongwana's medium-term budget policy statement this week will be closely scrutinised for its commitment to improving the lot of ordinary South African's who have been left struggling after the economic jolts of the pandemic lockdowns, which by no means can be considered a thing of the past just yet.

The MTBPS needs to focus on easing the cost of doing business

08 November 2021 | General

The Minister of Finance, Enoch Godongwana, has committed himself to the task of pursuing his predecessors’ structural reform agenda and reducing red tape, the progress of which will be keenly noted in the Medium Term Budget Policy (MTBPS) on the 11th of November.

Global growth strong & SA growth better than expected

04 November 2021 | General

Although the global economy has lost some steam, growth is still strong, and the outlook remains positive for both 2021 and 2022. The G7 is expected to maintain above-trend growth over the coming quarters, and although the level of growth remains high, analysts’ estimates suggest it has peaked and will continue to moderate.

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