The country’s financial future was on the agenda on Wednesday when Finance Minister Enoch Godongwana delivered the 2026 Budget Speech in Parliament.
Godongwana noted that this year’s Budget Speech comes at a critical juncture for the public purse.
“We have reached an important turning point in the management of our public finances. Five years ago, the outlook was stark. State Capture had hollowed out critical institutions and weakened state owned entities. South Africa had been downgraded to junk status by the last of the three major credit rating agencies in 2020.
“The devastation of the Coronavirus pandemic coupled with the Russia-Ukraine conflict had dealt a blow to global growth. And…
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Fire Queen
Canada: You have two cows. But who cares about beef when you\’ve got Poutine.
Sir Shark
Canada: You have two cows. But who cares about beef when you\’ve got Poutine.