Tag: Medium-Term Budget Policy Statement (MTBSP)
Medium Term Budget Policy Statement 2024
The 2024 Medium Term Budget Policy Statement (MTBPS) was tabled to Parliament on 30 October 2024 by South African Finance Minister Enoch Godongwana.
Rate reprieve will lift holiday spirits after a tough year
While many factors indicated the possibility of a rate hike, the South African Reserve Bank (SARB)’s decision to hold their key lending rate provides some relief after a challenging year.
Medium Term Budget Policy Statement 2023 | SA Finance Minister Enoch...
The 2023 Medium Term Budget Policy Statement (MTBPS) was tabled to Parliament on 1 November 2023 by South African Finance Minister Enoch Godongwana.
Markets confirm a positive reaction to Godongwana’s first major speech
Finance Minister Enoch Godongwana’s first significant speech since his appointment in August 2021 saw a minimal reaction from the equity market. Good news had been expected from the Medium-Term Budget Policy Statement (MTBPS) and the market signalled its satisfaction that there were no negative surprises, such as alluding to tax rate increases.
2021 Medium-Term Budget Policy Statement – initial reaction
South African Finance Minister Enoch Godongwana tabled the 25th Medium-Term Budget Policy Statement today, where he emphasised the budget’s focus on navigating the country’s path toward an economic and social recovery.
MTBPS 2021 | SA Finance Minister Enoch Godongwana
The Medium Term Budget Policy Statement (MTBPS) 2020 was tabled to Parliament on 11 November 2021 by South African Finance Minister Enoch Godongwana.
MTBPS – little reason for optimism
Although the 2020 Medium Term Budget Policy Statement stated its intention to prioritise economic recovery and fiscal consolidation in order to support President Ramaphosa’s economic recovery plan, the reality is that while this budget hit some of the right notes, it did little to instil confidence that the country is on the path to economic recovery.
Surfing the next wave – how the markets could be impacted
Soviet dictator Joseph Stalin infamously noted that while a single death is a tragedy, a million deaths is simply a statistic. That grim milestone has now been passed by the coronavirus. It has claimed more than a million lives worldwide.
The post-COVID-19 world needs new approaches to tobacco taxes
As South Africa prepares to hear Finance Minister Tito Mboweni’s medium-term budget speech this week, it is becoming increasingly clear that the country needs a new post-COVID-19 approach to the tobacco industry and the growing illicit tobacco sector.
President Ramaphosa – Economic Reconstruction and Recovery Plan Address
Address by President Cyril Ramaphosa to the Joint Sitting of Parliament on South Africa's Economic Reconstruction and Recovery Plan.
