Tag: fuel levy
Treasury’s Special Budget is up against significant challenges
On Wednesday, 24 June, Minister Mboweni will table a Special Adjustment Budget. This is an extraordinary event, precipitated by the effect of the COVID-19 outbreak that has caused so many deaths and ravaged great parts of the economy.
Will the 2020 budget promise SA secure ownership rights and freedom?
Minister of Finance Tito Mboweni will deliver his 2020 budget speech today. South Africa enters a new decade with a growth forecast of only 0.7% (according to ratings agency Moody’s).
Budget 2018 – Highlights, Tax Guide, Budget Review and Full Speech
Finance Minister Gigaba delivers 2018/19 Budget Speech. 1% hike in Value-added tax (VAT) increased by 1% to 15%. Government spending cut over the next three years amounting to R85 billion. Fuel levy increase 52 cents a litre.
R57 billion will be spent over the next three years to fund higher education
