"The 2015 Budget Speech by Finance Minister Nhlanhla Nene was actually very predictable under the current volatile economic circumstances," says Lindie Stroebel, Agbiz Manager Agribusiness Intelligence.
The slow economic growth projections, large budget deficit and large expenditure expectation were expected. The hike in taxes and cuts in spending were expected. Minister Nene had limited space to maneuver in, especially considering the social and political demands on the government budget. Read more
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