Herschel Jawitz, CEO of Jawitz Properties, believes that from a consumer point of view the 2020 Budget is significantly better than that of 2019, especially against what was expected.

The impending budget speech has everyone anxious and for good reason.

“Climate change is real,” Minister Mboweni’s budget speech statement is a fact. But now what? We need to be smart, diligent and brave to reach the low carbon future the National Development Plan plotted out for us, says Dorah Modise, CEO Green Building Council South Africa.

Finance Minister Tito Mboweni says the South African Revenue Service will collect R15.4 billion less than earlier projected.

No quick fix for SA’s Budget, but there’s some hope….

By now the whole of South Africa is aware of the increase in the VAT-rate to 15%, announced during the 2018 Budget Speech.

Those hoping for good news for the South African property market in the 2018 budget speech were likely disappointed by the lack of change to the sector’s key influencing factors.

In his 2018 Budget Speech, Finance Minister Malusi Gigaba has found a balance between raising taxes on the wealthy, broadening the tax base and providing a safety net for the poor.

In his Budget Speech 2018, Finance Minister Malusi Gigaba used Bridge City as an example of a successful public-private partnership which is leading to social and economic transformation.

With much still riding on the outcome of the ANC elective conference later this month (16-20 December 2017) which, coupled with the Budget Speech in February next year (2018), will impact on business and consumer confidence and market sentiment in general.