Budget

Pragmatic budget with upside and downside risks

Carmen Nel, Economist and Macro Strategist, Matrix Fund Managers Finance Minister Enoch Godongwana’s maiden budget speech was generally seen as cautious, with a focus on debt stabilisation and social protection. While we believe there is…
Budget

Budget speech 2022: Insight from Mazars

A comprehensive summary of key outcomes and spokesperson quotes regarding various areas of today’s National Budget Speech from tax experts at Mazars in South Africa. Mike Teuchert, National Head of Taxation Services – Budget highlights/summary insights: The…
Budget

PPS Investments: Budget commentary

COVER’s Tony van Niekerk interviewed Luigi on the Budget Speech, watch the video, and read the full PPS budget commentary below Luigi Marinus, Portfolio Manager at PPS Investments The National Budget was characterised by the…
BudgetInvestment

PPS MTBPS Commentary

Reza Hendrickse, PPS Investments Portfolio Manager Finance minister Enoch Godongwana’s maiden Medium Term Budget Policy Statement (MTBPS) was broadly in line with expectations, judging by the muted reaction from the bond and currency markets. Not…
BudgetInvestment

Tough times ahead but it isn’t all bad news

Bernard Sacks, Tax Consulting Partner at Mazars in South Africa South Africa’s Minister of Finance, Enoch Godongwana, presented his maiden Medium Term Budget Policy Statement (MTBPS) speech to Parliament earlier today, against a backdrop of…