ECONOMIC WEEK AHEAD: Godongwana’s budget in the spotlight

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Market apprehensive about possibility of large portion of Eskom’s debt being absorbed into sovereign balance sheet

The focus will be on finance minister Enoch Godongwana this week as he tables the budget in parliament on Wednesday.

Godongwana is expected to highlight the better-than-expected fiscal performance over the past year and note good spending control and strong tax collection during the period. He is expected to emphasise the relatively strong GDP growth for 2022 as well as a slightly better budget deficit...

 

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