Budget 2019: What it means for the property industry
Budget 2019: What it means for the property industry

Finance Minister Tito Mboweni made his debut National Budget speech in Parliament. Here's what the property experts say about what this means for real estate, South Africa and you...

Issued by Private Property South Africa 4 Mar 2019

Papering over the cracks
Papering over the cracks

This was always going to be one of South Africa's toughest budgets with enormous pressure on government resources in an extremely difficult economic environment...

22 Feb 2019

South Africa’s Finance Minister Tito Mboweni preparing to deliver the budget. EPA-EFE/Elmond Jiyane
South Africa's budget was missing ideas from the left. Why this isn't a good thing

This year's South African budget gave allies of the market as much as they could expect - and labour and the left about as much as they currently deserve...

By Steven Friedman 22 Feb 2019

Response to the 2019 Budget Speech
Response to the 2019 Budget Speech

Similar to the 2018 Medium-Term Budget Policy Statement (MTBPS) this budget was very closely watched with many hoping for clarity on the future direction...

By Nico Esterhuizen (FCCA), Issued by ACCA 21 Feb 2019

Photo: David Harrison
#BudgetSpeech2019: Will it lead to more doctors being sued for negligence?

Legal claims against the department now amount to more than half of some provincial health budgets. Less money now will only mean more claims later...

By Daniel McLaren 21 Feb 2019

#BudgetSpeech2019: Smokers, drinkers to feel the pinch following sin tax hikes
#BudgetSpeech2019: Smokers, drinkers to feel the pinch following sin tax hikes

In Finance Minister Tito Mboweni's first Budget Speech since his appointment, he announced that sin taxes on alcohol and tobacco will rise...

21 Feb 2019

Isaah Mhlanga, executive chief economist, Alexander Forbes
#BudgetSpeech2019: Structural reforms outweigh decimal points deteriorations in the figures

Finance Minister Tito Mboweni's maiden Budget Speech is a structural reform budget, which aims to reduce the immediate fiscal and economic risks posed by Eskom's and other SOEs unsustainable balance sheets and operational models...

By Isaah Mhlanga 20 Feb 2019

Andrew Duvenage,managing director, NFB Private Wealth Management.
#BudgetSpeech2019: Dear Mr Minister

Over the years your predecessors have consistently increased the pressure on high net worth individuals in their annual budgets. Currently the top 2% of earners account for between 25% and 35% of South Africa's total revenue...

By Andrew Duvenage 19 Feb 2019

Craig Pheiffer, chief investment strategist at Absa Stockbrokers and Portfolio Management
#BudgetSpeech2019: Hoping for a great escape

Legendary escapologist Harry Houdini began his career escaping from handcuffs but later went on to dazzle audiences with escapes from large milk cans, his specially designed Chinese water torture cell and buried caskets...

By Craig Pheiffer 18 Feb 2019

#BudgetSpeech2019: What should franchise businesses look out for?
#BudgetSpeech2019: What should franchise businesses look out for?

Franchise business owners are waiting with bated breath for the outcome of the 2019 National Budget Speech, as they seek more opportunities to increase their contribution to GDP...

18 Feb 2019

Madelein Grobler, project director: tax at Saica
#BudgetSpeech2019: Tips for Tito

Being an election year, there'll be a second State of the Nation Address (Sona) in June for the new government to present its plan of action for the 2020 financial year...

13 Feb 2019

Finance Minister, Tito Mboweni. Photo:IFP
What will the budget hold in store for us?

As always, the annual Budget Speech carries trepidation and optimism for taxpayers in equal quantities...

By Nicci Botha 1 Feb 2019

National Assembly approves MTBPS, Election bills
National Assembly approves MTBPS, Election bills

The National Assembly on Wednesday approved several legislative matters concerning the Medium Term Budget Policy Statement (MTBPS) and one about free and fair elections - the Electoral Laws Amendment Bill...

29 Nov 2018

Bizcommunity Recruitment in Africa Focus
Bizcommunity Recruitment in Africa Focus

A comprehensive B2B Recruitment Focus from December 2018 to February 2019 will ensure that Bizcommunity is the go-to destination for all the B2B news you'll need to plan your HR and recruitment strategies in 2019...

Issued by Bizcommunity.com 23 Oct 2018

The best Biz summer holiday (content) package ever!
The best Biz summer holiday (content) package ever!

Feeling a bit state-capsized, swept along by more waves than a cryptocurrency chart? Here are some life-saving festive content ideas...

Issued by Bizcommunity.com 15 Oct 2018

#Budget2018: Public Procurement Bill to give women and youth in business a leg up
#Budget2018: Public Procurement Bill to give women and youth in business a leg up

The long-awaited Public Procurement Bill will be submitted to Cabinet in March, paving the way for black-, youth- and women-owned businesses to get larger stakes in state procurement, which runs into billions of rand...

By Khulekani Magubane 22 Feb 2018

#Budget2018: Nuclear deal proves a damp squib, while renewables reignite
#Budget2018: Nuclear deal proves a damp squib, while renewables reignite

In a media briefing prior to his Budget Speech, Finance Minister, Malusi Gigaba, confirmed that the nuclear deal is off the table for now because the country simply cannot afford it...

22 Feb 2018

#Budget2018: Five things you'll pay more for in 2018
#Budget2018: Five things you'll pay more for in 2018

Budget 2018 is an austerity budget. In a nutshell, the country has been spending more than it earns so we have to tighten our belt, and pay a bit more in tax...

22 Feb 2018

Ben Bierman, MD of Business Partners Limited
#Budget2018: Speech reinforces support for small businesses

There was a consistent theme of SME support in both the recent State of the Nation Address and the National Budget Speech...

22 Feb 2018

Photo by Kym Ellis on
#Budget2018: Struggling wine industry disappointed in excise duty increases

With the wine industry supporting approximately 290,000 jobs, the fact that the average wine grape producer does not function at sustainable profit margins and more than a third operate at a loss is great cause for concern...

22 Feb 2018

#Budget2018: Tax bites the rich, but not as badly as predicted
#Budget2018: Tax bites the rich, but not as badly as predicted

All the predictions ahead of the Budget Speech were far worse than what actually transpired, including the impact on wealthier South Africans, which wasn't as severe as it could have been...

22 Feb 2018

#Budget2018: Medical aid credits stay, but NHI funding model still unclear
#Budget2018: Medical aid credits stay, but NHI funding model still unclear

The approximately eight-million people in South Africa who rely on medical tax credits to subsidise the cost of existing medical aid schemes can breathe a sigh of relief...

By Lebo Motsumi 22 Feb 2018

#Budget2018: Drought-ravaged provinces could get up to R6bn in relief
#Budget2018: Drought-ravaged provinces could get up to R6bn in relief

Relief for SA's drought-ridden regions amounting to R6bn was among the proposals announced by finance minister Malusi Gigaba when he delivered the Budget Speech on Wednesday, 21 February...

By Khulekani Magubane 22 Feb 2018

#Budget2018: Rising tax burden on shrinking base worrying for economy, property
#Budget2018: Rising tax burden on shrinking base worrying for economy, property

It was always going to be a tough budget given that finance minister Malusi Gigaba already signalled during his mini-budget late last year that there was a significant fiscal deficit that needed to be funded...

By Samuel Seeff 22 Feb 2018

#Budget2018: Sturdy budget promises firm roots for green shoots
#Budget2018: Sturdy budget promises firm roots for green shoots

According to Berry Everitt, CEO of the Chas Everitt International property group, Wednesday's Budget Speech contained some very hopeful elements for SA's property sector...

22 Feb 2018

#Budget2018: Tough budget positive for property market in medium to long term
#Budget2018: Tough budget positive for property market in medium to long term

The Budget Speech is likely to prove positive for the property market in the medium to long term, says Gerhard Kotzé, MD of the RealNet...

22 Feb 2018

R57bn for free tertiary education
R57bn for free tertiary education

Government has been forced to hold back on some of its capital projects and reduce spending on goods and services in order to find R57-billion to fund free tertiary education...

By Thabo Mokone 21 Feb 2018

Bonang Mohole, CEO: BLSA
#Budget2018: Start by trimming the fat, BLSA says

South Africas need to build on the momentum in the country right now by delivering a budget that supports the ambitious but achievable plans announced by President Cyril Ramaphosa in his Sona last week.

21 Feb 2018

#Budget2018: The taxing questions facing Gigaba
#Budget2018: The taxing questions facing Gigaba

Today the spotlight will fall on the minister of finance, Malusi Gigaba when he delivers the 2018 Annual Budget Speech...

21 Feb 2018

Kyle Mandy, tax policy leader for PwC South Africa
#Budget2018: The good news is that the bad news is unlikely to get worse

Despite growth picking up and a prediction that the medium-term budget policy statement (MTBPS) forecast will be revised downwards by nearly R70bn, the country still faces some serious fiscal issues...

By Danette Breitenbach 21 Feb 2018

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