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.

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.