Later today, Pravin Gordhan will deliver his Budget Speech amidst the volatility facing the economy and possibly “status junk” as economists have predicted.
Having been recalled by President JG Zuma, Gordhan will have to prove to the country and world economic players that he has everything under control.
“Unshaken and confident” was how Gordhan was described by his peers.
As expected, VAT is likely to increase so does sin-taxes, though.
Keenly awaited will be how he tackles education, particularly the varsity issue; health; job opportunities- in particular SMMEs; social development; infrastructure, etc.
We hope the Budget Speech will be a benchmark from what the premier of Gauteng David Makhura, has already highlighted during his SOPA this week.
Yes, Mr Gordhan we await what you have prepared considering the circumstances.
