Minister Enoch Godongwana Delivers Relief as Deficit Narrows and Spending Tops R2.6 Trillion
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Finance Minister Enoch Godongwana has struck a cautiously optimistic tone in the 2026 Budget Speech, announcing a narrower budget deficit, no major tax hikes for individuals, and increased spending on social services, security and infrastructure. Delivering the budget on Wednesday, Godongwana said the country’s consolidated budget deficit has improved to 4.5% of GDP, down from […]
