Lisette IJssel de Schepper: Economy slightly better, not turning point.

from Update@Noon · host SAfm

A boost in tax revenue has given the National Treasury room to offer the first inflation-linked tax relief since the 2023/24 financial year. Finance Minister Enoch Godongwana says revenue for the current financial year is projected to come in higher than previously forecast. This has been supported by stronger VAT collections and higher platinum and gold prices. Tabling the 2026 budget in Parliament in Cape Town, Godongwana says the improvement  revenue collections has allowed government to scrap 20 billion rand in planned tax increases. Sakina Kamwendo spoke to Chief economist at the Bureau for Economic Research (BER) Lisette Ijssel de Schepper 

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