Budget preview: Who holds the purse strings?
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In this edition of the Business Day Spotlight, we talk about discuss the upcoming national budget speech set for this week.
Our host Mudiwa Gavaza is joined by Johann van Tonder, an economist at Momentum Investments.
The discussion centres around expectations for government revenues and shortfalls; thoughts around how the government is likely to fund the expected shortfall; whether the government is likely to raise taxes through VAT or personal income taxes and are we likely to see increased social spending in the form of relief grants in the coming year?
Our host Mudiwa Gavaza is joined by Johann van Tonder, an economist at Momentum Investments.
The discussion centres around expectations for government revenues and shortfalls; thoughts around how the government is likely to fund the expected shortfall; whether the government is likely to raise taxes through VAT or personal income taxes and are we likely to see increased social spending in the form of relief grants in the coming year?
