Mid Term Budget Statement News Today

Finance Minister Enoch Godongwana warned gross government debt would reach 77% of GDP in the next three years, higher than what was initially projected in February.

Tough love for SOEs, grants and state capture: the biggest points from Finance Minister Enoch Godongwanas 2022 Medium-Term Budget Statement.

MONEYWEB app instead? Until the current Covid-19 booze ban is lifted. 00:01  Open: Open: Alcohol companies have a liability to pay the excise tax on the end products in their warehouses, which cannot be sold due to the indefinite ban on sales. Image: Shutterstock The extension of the alcohol ban is causing increasing distress for South Africa’s multi-billion-rand liquor industry, which wants another deferment of excise tax duty on alcohol to mitigate the impact on the sector. Major in...