A R75bn question mark hangs like sword of Damocles over Finance Minister Godongwana

Daily Maverick

South Africa faces fiscal challenges as economic outlook worsens post Budget 2.0. Finance Minister to address R75-billion shortfall over three years on May 21, 2025. Options include tax hikes, spending cuts, or increased borrowing, with limited room for income or corporate tax hikes. Fuel tax levy may be adjusted to boost Treasury liquidity amid economic fragility.
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