Political parties react to Godongwana's budget speech - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Finance Minister Enoch Godongwana delivers the Budget Speech for 2023 to Parliament on Wednesday afternoon. Godongwana has dubbed this budget a non-austerity budget, adding that this is a budget that makes tough trade-offs in the interests of the country’s short-term and long-term prosperity.

Party leader Pieter Groenewald says South Africans should not be fooled by the announcement that SARS has collected an extra R93 billion. “What he could have done he could have cut the fuel levy completely. He could have scrapped that fuel levy … which would have made the price of petrol less expensive. …This was not a bold budget. It was a missed opportunity.”Meanwhile, the African National Congress says the measures announced by Finance Minister Enoch Godongwana will go a long way toward growing the economy and creating jobs.

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WATCH LIVE | Finance minister Enoch Godongwana delivers 2023 budget speechFinance minister Enoch Godongwana is delivering the 2023 budget speech to the National Assembly in the Cape Town City Hall on Wednesday.
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WATCH |Live updates: Finance Minister Enoch Godongwana delivers #BudgetSpeech2023The FATF Plenary will make its decision later this week on whether or not to put South Africa under increased monitoring, otherwise known as grey listing. We should be prepared for that possibility.
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Budget 2023: Finance Minister Enoch Godongwana sticks to ‘tough love’ planThe minister tabled his 2023 budget in the Cape Town City Hall where he had to walk the tightrope in light of state-owned entities that urgently need bailouts - among others.
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