Budget Review: What the budget means for ordinary people

In this edition of the Business Day Spotlight, we review the recently announcement national budget for 2021, putting in practical terms what it may mean for ordinary South Africans.

Our host Mudiwa Gavaza is joined by a team from professional services firm, PwC SA, comprising Lullu Krugel, the firm’s chief economist and Kyle Mandy, a tax technical leader.

The discussion focuses on impressions of the budget speech, the balancing act that National Treasury is trying to perform for the economy, funding state owned enterprises, electricity generation in SA, the effect of tax changes for South Africans, and an economic outlook for the rest of the year.