Finance minister Enoch Godongwana has expressed worries about this fiscal year’s tax revenue, as record electricity outages combined with operational woes and lower commodity prices threaten to undermine his budgetary commitments.

“The major problem is going to be load-shedding and its impact on growth, and therefore the tax revenues that I collect from companies are going to be less and less...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.