Key points from the 2020 Budget Speech
On the 26th of February 2020, Finance Minister Tito Mboweni delivered the budget speech and outlined plans to help grow the South African economy for the upcoming year.
Tax payers breathed a sigh of relief as no major increases were implemented.
“the tax break was one of the measures he (Minister Mboweni) hoped would jump-start the economy, but he had also warned that power cuts could stifle growth and that a stable electricity supply was the government’s most pressing priority”
Read more in this EWN article.
Here are some of the other key talk points from the 2020 Budget.

