February 22, 2024
Financial advice is critical to helping consumers navigate ongoing financial pressures
Lizl Budhram, Head of Advice at Old Mutual Personal Finance, says that while personal income tax and the fuel levy remain unchanged, they do not equate to any significant savings for consumers.
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February 22, 2024
Morningstar South Africa budget highlights 2024
In response to a struggling consumer, Treasury tabled no hikes to income taxes, VAT or fuel and accident levies. Instead, Treasury has decided to dip into the contingency reserves over the medium term to reduce its debt load.
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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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