By Newsbreak Producer Taliesha Naidoo - Government debt is sitting at a crisis level. That's according to Director of Merchant Africa and economist Lavan Gopaul. Delivering the medium-term budget policy statement on Wednesday, Finance Minister Enoch Godongwana revealed that the country's debt has risen too fast and is too high. Godongwana announced that government debt will reach more than six trillion, or 75.5% of GDP, in the 2025/26 financial year. Gopaul explains what this will mean for South Africans heading into the new year... 

By Newsbreak Producer Taliesha Naidoo - Government debt is sitting at a crisis level. That's according to Director of Merchant Africa and economist Lavan Gopaul. Delivering the medium-term budget policy statement on Wednesday, Finance Minister Enoch Godongwana revealed that the country's debt has risen too fast and is too high. Godongwana announced that government debt will reach more than six trillion, or 75.5% of GDP, in the 2025/26 financial year. Gopaul explains what this will mean for South Africans heading into the new year...

Award-winning Current Affairs programme and News talk show bringing you topical news issues of the week relevant to Lotus FM - we cover issues YOU want to hear - beating deadlines, making headlines. Shows at 5-6am, 12-12:30pm weekdays and Newsbreak Talk on weekends from 12-1pm.

Award-winning Current Affairs programme and News talk show bringing you topical news issues of the week relevant to Lotus FM - we cover issues YOU want to hear - beating deadlines, making headlines. Shows at 5-6am, 12-12:30pm weekdays and Newsbreak Talk on weekends from 12-1pm.

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