Budget 3.0 | Unpacking the Finance Minister's revised plan

JOHANNESBURG - The Finance Minister's third attempt to table the budget has elicited varied responses from political parties.

The business community, has reacted with measured optimism.

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While the proposed VAT hike has been dropped, it comes alongside spending cuts in other areas.

Business leaders have largely welcomed this fiscal discipline and the avoidance of new taxes.

However, they are pressing for swifter economic reforms.

Economist and Chair of the Da Vinci Institute Board, Ndumiso Kubheka broke down some of the numbers. 

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