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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 Godongwana's 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 Africaâs multi-billion-rand liquor industry, which wants another deferment of excise tax duty on alcohol to mitigate the impact on the sector. Major industry bodies, including the South African Liquor Brandowners Association (Salba), Beer Association ...