MARKET WRAP: Rand and JSE buoyant after MTBPS

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Finance minister Enoch Godongwana’s medium-term budget policy statement hits the right notes even while deferring the Eskom question

The rand strengthened to the best level in a month on Wednesday as investors welcomed finance minister Enoch Godongwana’s medium-term budget policy statement .

Godongwana struck the right tone with markets after unveiling better-than-expected budget deficit and primary balance outcomes, an improved outlook on the country’s debt ratio and continued strong emphasis on fiscal consolidation...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in BUSİNESS

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.

WATCH LIVE: Finance Minister Enoch Godongwana delivers mid-term budget speechFinance Minister delivers the Medium-Term Budget Policy Statement on Wednesday, 26 October 2022, in Parliament.
Source: ewnupdates - 🏆 30. / 53 Read more »

WATCH LIVE | Finance minister Enoch Godongwana presents midterm budgetFinance minister Enoch Godongwana is on Wednesday presenting the midterm budget policy statement in parliament in Cape Town.
Source: TimesLIVE - 🏆 28. / 59 Read more »

LIVESTREAM | Finance Minister Godongwana's Mid-Term budgetFinance Minister Enoch Godongwana will reveal the state of the country’s finances on Wednesday.
Source: eNCA - 🏆 49. / 51 Read more »