Listen: Finance Minister Tito Mboweni's full 2020 Budget speech

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Finance Minister Tito Mboweni delivered his budget speech in Parliament this afternoon and seems to be resigned to the fact that South Africa will be downgraded to junk status by ratings agency Moody's. He refrained from any tax and VAT increases and said that persistent electricity problems will hold back growth. Over the next three years, government expects growth to average just over 1 percent.

26 Feb 2020 10AM English South Africa Investing · Business News

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