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Budget 2018: The impact on investors

22 February 2018 | Budget 2018

The stand-out item of the 2018 Budget Speech delivered by Minister Gigaba must be VAT. On 21 February the minister announced new tax measures to raise an additional R36 billion in 2018/19 - mainly through a higher VAT rate and below-inflation adjustments to personal income tax brackets.

A “belt-tightening” budget to benefit South Africa

22 February 2018 | Budget 2018

The tough decisions announced in the National Budget speech will help to plug the fiscal deficit and demonstrates clear intent by South Africa’s new leadership to deal with the structural problems standing in the way of economic growth. Rating agencies will, in all likelihood, view this as a positive sign as they deliberate on SA’s credit ratings.

SA national budget 2018 - Tackling the fiscal wounds

22 February 2018 | Budget 2018

Following yesterday’s budget speech, Sanisha Packirisamy, Economist, and Herman van Papendorp, Head of Asset Allocation at Momentum, discuss their key take-outs from the discussion.