South Africa's Finance Minister, Enoch Godongwana, is set to unveil the highly anticipated 2025 budget today amid mounting pressure to address the country's economic challenges. Facing a staggering debt burden, Minister Godongwana must navigate the difficult task of balancing increased funding demands for critical sectors such as healthcare, education, and social grants with the need to implement tax hikes on VAT, income, and fuel to stabilize the nation's finances. Thami Ngubeni spoke to an independent economic analyst, Professor Bonke Dumisa.

<p>South Africa's Finance Minister, Enoch Godongwana, is set to unveil the highly anticipated 2025 budget today amid mounting pressure to address the country's economic challenges. Facing a staggering debt burden, Minister Godongwana must navigate the difficult task of balancing increased funding demands for critical sectors such as healthcare, education, and social grants with the need to implement tax hikes on VAT, income, and fuel to stabilize the nation's finances. Thami Ngubeni spoke to an independent economic analyst, Professor Bonke Dumisa.</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>