Budget 2023 announced incentives worth R9 billion for businesses and households to invest in renewable energy, including solar power generation. South Africa has one of the best solar generation profiles in the world and solar power can go a long way to help reduce electricity load-shedding.

A collection of comments, reactions and quotes from Momentum's economists, tax gurus, financial advisers and other experts on the 2023 Budget Speech.

Major debt relief for Eskom eclipses the budget, but difficult budgeting trade-offs lie ahead to maintain fiscal restraint.

The budget was always going to have an infrastructure focus, mainly looking at Eskom and what will happen to the debt. And then also at other initiatives on spending in the infrastructure space, including on water and sanitation, as well as transport and logistics given the level of decay in on all of those areas, and the budget did not disappoint in this regard.

The fact that gross tax revenue projections have been revised upwards by over R10 billion is testament to the significantly improved tax collection efforts by SARS. This is an immensely positive outcome – an indication that the “changing of the guard,” under the leadership of Commissioner, Edward Kieswetter is beginning to bear fruits.

Key executives from Discovery Ltd provide commentary and snippets following Finance Minister Enoch Godongwana’s National Budget Speech presented this afternoon, Wednesday 22 February 2022