February 22, 2024
Budget execution risk is high as the Treasury hits taxpayers
Budget 2024 charts a challenging path as South Africa's debt ratio rises amid sluggish economic growth. While a lower debt trajectory brings positive surprises, execution risks and revenue-raising measures underscore the fiscal challenges ahead
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February 22, 2024
Assessing the Economic Implications of the Budget
Delve into the post-budget analysis with insights from Jurgen Eckmann, Wealth Manager at Consult by Momentum, Nkosinathi Mahlangu, Youth Employment Portfolio Head at Momentum Metropolitan and Tshego Bokaba, CSI Manager at Momentum Metropolitan.
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February 22, 2024
Old Mutual welcomes Finance Minister's update of Two-Pot Retirement System
Old Mutal welcomes Finance Minister Enoch Godongwana’s Budget Speech confirmation of the commencement of the Two-Pot Retirement System set to take effect on 1 September 2024.
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February 22, 2024
How the budget impacts you
Reza Hendrickse, PPS Investments Portfolio Manager, analyzes South Africa's 2024 budget. Despite economic challenges, the government avoids significant tax hikes and taps into reserves for fiscal relief.
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February 22, 2024
Fiscal Surprises and Market Reactions: 2024 Budget Review
Old Mutual Group presents an insightful analysis of South Africa's 2024 budget, revealing unexpected fiscal strengths, market impacts, tax adjustments, and lingering economic challenges.
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February 21, 2024
Budget: Walking a tightrope
It is clear from the 2024 Budget that Finance Minister Enoch Godongwana finds himself between a rock and a hard place ahead of a watershed election in May. His options are limited to achieve stability in the country’s finances: Borrow more, raise taxes or cut government expenditure.
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