MARKET WRAP: Rand and JSE buoyant after MTBPS

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.

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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.
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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.
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LIVESTREAM | Finance Minister Godongwana's Mid-Term budgetFinance Minister Enoch Godongwana will reveal the state of the country’s finances on Wednesday.
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