Budget 2019: 16 key points

JOHANNESBURG - Finance Minister Tito Mboweni delivered his maiden Budget Speech on Wednesday.

READ: More money for Eskom as fuel levies and sin taxes spike

Below is a list of some of the key points Mboweni highlighted in his speech:

"Pouring money into Eskom is like pouring water into a sieve" - Mboweni

"Strategic equity partners for SOEs to be found where possible" - Mboweni

R 111-billion for almost 3 million needy students to study at university   and   R 2,8-billion allocated to eradicate pit toilets in government schools

  • Sin taxes increase between 7,4 percent and 9 percent
  • SAA receives further debt guarantee of R6,2-billion
  • Cigarettes duties increase by R1,14 a box of 20.
Source
eNCA