BUDGET SPEECH – SOE, SMMEs and more

Finance minister Enoch Godongwana delivered the 2022 Medium-Term Budget Policy Statement (MTBPS) on Wednesday, 26 October.

The budget touched on many points and topics that were raised in the lead-up to the speech, including the South African government taking over a portion of struggling power utility Eskom’s debt, and giving a solution to the ongoing e-toll problem in Gauteng.

It also included a reframing of South Africa’s economic outlook from the February speech, which took place in a very different world.

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