DStv Channel 403 Saturday, 02 November 2024

WATCH | PWC's predictions ahead of Godongwana's Budget Speech

 

JOHANNESBURG - The Minister of Finance, Enoch Godongwana will deliver the national budget speech next week, amid a lackluster economy ahead of national elections.

READ: 2024 Budget speech | Economist predicts a lack of vision

PwC South Africa says they hope there will not be a increase in taxes, as it could have a even further dampening effect on the economy.

READ: 2024 Budget speech | Concerns brew over sin, excise tax hikes

However, National Treasury indicated in the Medium Term Budget Policy Statement last year, that it would need to institute tax increases of R15bn.

eNCA Business Anchor, Melissa Tighy spoke to PwC's Tax Policy Leader, Kyle Mandy on what we could expect.

Budget speech predictions 2
Budget speech predictions 3

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