Like his predecessor Mboweni, Godongwna will have to grapple with South Africa's rising sovereign debt burden.
"These debt service costs are non-discretionary – in other words, we cannot avoid paying them. Their effect, therefore, is to crowd-out other spending priorities," he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2022 Budget Speech I Finance Minister Enoch Godongwana to deliver his national budget on Wednesday2022 Budget Speech I Finance Minister Enoch Godongwana is set to deliver his first national Budget Speech on Wednesday as the economy struggles to recover from the damage brought by the coronavirus pandemic sabcnews Erm you mean damage caused by irrational lockdown laws and government looting Coronavirus and the thieves in power! Words alone won’t express how thankful I’m recommending you all to bettycostafx. investing with her has been a great opportunity for me and my family, I'm not persuading anyone to work with Mrs bettycostafx.. I just wanted interested investors to make the right choice with her.
Source: SABCNews - 🏆 37. / 51 Read more »
Minister Godongwana will turn to sin taxes to find additional revenue: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.An economist at Wits University, Lumkile Mondi, expects Finance Minister Godongwana to turn to sin taxes to find additional revenue when he delivers his maiden budget speech on Wednesday. Over burden SAns with more tax while hyena walk freely after stealing millions We need accountability and arrest to corrupt individuals. We can make our money go a long way if we cut down corruption and maladministration. We cant keep on increasing taxes 4 hyenas to steal more
Source: SABCNews - 🏆 37. / 51 Read more »