SA: Enoch Godongwana, Address by Finance Minister, tabling 2023 Budget Speech, Cape Town (22/02/23)
We are tabling the 2023 Budget in a difficult domestic and global economic environment.
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We are tabling the 2023 Budget in a difficult domestic and global economic environment.
Financial crime’s ability to cause havoc is escalating, and public and private actors are stepping up their efforts to confront it. But these counter-attacks are not enough. The financial ecosystem must embrace public-private data collaboration and harness an intelligence-led approach to improve its financial-crime-fighting credentials.
Changes to two sets of regulations might not be massive in the greater scheme of things, but they add to the reporting burden for businesses.
In Argentina, the rule of law and free-market principles have been weakened dramatically over the past decade. Under the leadership of Nestor and Cristina Kirchner, economic freedom in Argentina has been in a virtual freefall, corruption has been rampant, and the government’s ties to strongmen in the region, such as Ven¬ezuela’s Hugo Chávez, are troubling. The White House and the U.S. Congress should examine the threat posed to both the U.S. and Latin America from the continuance of the Kirchners’ populist and statist policies, ensuring that Argentina’s current government does not re...
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