Mid-term budget: Taxpayers set to feel the pinch

Finance Minister Tito Mboweni will present his medium-term budget on Wednesday. Courtesy #DStv403

JOHANNESBURG - South Africa's constrained economy will make it almost impossible for the Finance Minister to deliver a balanced medium-term budget.

Experts have been voicing their opinions ahead of Tito Mboweni's announcement this week.

READ: Mboweni expected to do a balancing act

Economist Owen Nkomo from Inkunzi Wealth Group believes taxpayers are set to carry the biggest load as there's very little to go around.

Watch the full interview above.

Source
eNCA

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