https://newsletter.en.creamermedia.com
Africa|Building|Fire
Africa|Building|Fire
africa|building|fire

FISCAL TIDE

FISCAL TIDE

Photo by GCIS

4th March 2022

     

Font size: - +

FISCAL TIDE: Finance Minister Enoch Godongwana insisted that South Africa’s fiscal sustainability tide was finally turning last week when he delivered his maiden Budget address in the Good Hope Chamber, after theNational Assembly building was seriously damaged in a deliberately lit fire in early January. Boosted by higher‐than‐anticipated tax revenues on the back of the commodity boom, the Minister said a portion of the R182-bilion windfall would be used to narrow the deficit and rein in debt. Gross loan debt is projected to stabilise at 75.1% of GDP in 2024/25, a year earlier and at a lower level than the figure projected in 2021.

Edited by Creamer Media Reporter

Comments

Latest News

Agricultural nursery
AgriSA says agriculture’s ability to reduce emissions recognised at COP29
Updated 2 hours 17 minutes ago By: Marleny Arnoldi

Showroom

Weir
Weir

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.069 0.173s - 173pq - 2rq
Subscribe Now