Budget speech bolsters business confidence
Opposition parties and labour are unimpressed
21 February 2024 - 19:27
Finance minister Enoch Godongwana’s budget speech on Wednesday bolstered business confidence. But with the 2024 general elections fast approaching, organised labour and opposition parties were quick to cast doubt over the ANC-led government’s economic plans.
“The minister has made it very clear that the overall strategy is to encourage economic growth, protect the economy and ensure the overall fiscal environment is stable,” Business Unity SA’s Cas Coovadia said. Busa was happy about Godongwana’s clarity on the need to open up the economy, he said. ..
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