WATCH: Gigaba discusses his 2018 budget speech

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Finance Minister Malusi Gigaba says weeding out corruption at all levels of government is creating the right environment for investment.

Finance Minister Malusi Gigaba says weeding out corruption at all levels of government is creating the right environment for investment.

CAPE TOWN - Finance Minister Malusi Gigaba says the budget was a tough balancing act, with cuts in certain areas and tax increases in others.

Gigaba joined eNCA Moneyline&39;s Siki Mgabadeli to discuss his budget speech.

On Wednesday afternoon the minister announced increases in VAT and other taxes to generate an additional R36-billion this financial year.

Watch the full interview above.