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Budget 2024 | Godongwana may pull a rabbit out of a hat - but not everyone will like it

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Finance Minister Enoch Godongwana.
Finance Minister Enoch Godongwana.
Gallo Images/Brenton Geach

As the national Budget speech looms on Wednesday, the critical topics Finance Minister Enoch Godongwana is expected to wrangle with, include finding an extra R15 billion in tax, announcing cost-cutting measures across government, giving some certainty on a basic income grant, paying more in social welfare, tackling the issue of SA's rising borrowings, the bail-outs for Eskom and Transnet – and how all of the above will be funded in a landmark election year.

He's also going to have to carefully explain why the government has missed its revenue and expenditure targets, which were set just three and a half months ago, and how government's continued fiscal slippage will be addressed.

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