Higher Taxes, Spending Cuts Tabled By South African Finance Minister For 2017
Headlines Africa
Welcome
Login / Register

Higher Taxes, Spending Cuts Tabled By South African Finance Minister For 2017

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.
URL


Added by Headlines Africa in South Africa
135 Views

Description

South Africans will have to contend with higher taxes and spending cuts next year. Finance Minister Pravin Gordhan delivered the government's medium term budget on Wednesday, warning of tough times ahead. The budget showed some fiscal consolidation, but also rising debt over the next three years. There have been mixed reactions to the speech, with most quarters praising the Minister for managing the budget in a weak economic climate. Sumitra Nydoo, filed this report.

Post your comment

Comments

Be the first to comment