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On February 22nd, Finance Minister Enoch Godongwana delivered South Africa’s annual budget speech to the country.
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The speech addressed several major topics, which included: new tax proposals, the social grant, the country’s current economic standing, and growth estimates. The main talking point, however, was the prevailing energy crisis.
KCS, in partnership with our global transfer pricing partner, vanbain Global, have compiled a short summary of the budget speech highlights to keep you informed and ‘plugged into’ the latest news.
A more detailed mailer will be sent to our customers w/c February 27th.
2023 budget speech highlights:
To find out more about vanbain Global’s leading financial services, visit their website at: https://www.vanbain.com/%20with%20TM.png?width=262&height=90&name=vanBain%20-%20Logo%20(5)%20with%20TM.png)
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