Godongwana tables Budget 2026
Автор: Newzroom Afrika
Загружено: 2026-02-28
Просмотров: 59
Описание:
In his 2026 Budget speech, Finance Minister Enoch Godongwana announced increases to social grants and fuel levies but hiked the sin tax.
Old age, disability and care dependency grants increased by R80,00 taking them to a R2,400 monthly allowance. Beers and ciders of 340ml will see an 8-cent increase. The fuel levy for petrol was upped by 9 cents and for diesel by 8 cents per litre. Godongwana also announced an increase in the tax-free savings account annual contribution limit, from R36,000 to R46,000.
Associate researcher at the Institute of Economic Justice Liso Mdutyana unpacks it further.
Tune into Newzroom Afrika DStv channel 405 for more.
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