Munghana Lonene FM Current Affairs.Munghana Lonene FM Current Affairs.

Komiti ya timali epalamendhe yi amukela mpimanyeto wa ti mali lowu andlariweki hi Holobye Enoch Godongwane

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Here are some other highlights of the budget speech. An improvement in revenue collections has allowed government to scrap 20 billion rand in planned tax increases. Godongwana says the economy is gaining traction the debt situation is stabilising. More than a trillion rand is expected to be spent on infrastructure projects over the medium term. The railways, electricity supply and water services are to benefit. The Minister announced that the limit for tax-free savings increases from 36-thousand rand to 46 thousand rand annually. He said the so called sin taxes on tobacco and alcohol would be increased in line with inflation. The old age and disability grant increases by 80 rand to two thousand 400 rand. Ernest Ntimbane u burisanile na  Chairperson for Finance Portfolio Committee, Dr Joe Maswanganyi

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