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Underwhelming Budget, but at least we have one now, analyst says
The Mercury
|May 22, 2025
SOUTH Africa's Finance Minister, Enoch Godongwana's Budget 3.0 has been labelled as underwhelming, however, on the bright side, the country now has a complete Budget tabled.
This was according to Frank Blackmore, Lead Economist at KPMG South Africa.
Blackmore told Business Report that leading up to this event, a lot of the questions were, what we are going to do with the 75 billion deficits over the medium-term period with no vat increase, in other words, the three years in which the budget is set up.
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