South Africans Abroad or Emigrating
South Africans Abroad or Emigrating
May 22, 2025 at 09:37 AM
#moneymatters 🇿🇦 Finance Minister Enoch Godongwana delivered the 2025 Budget Speech yesterday! *Key highlights:* ✅ VAT stays at 15% after GNU consensus 📈 GDP growth revised to 1.4% for 2025 💰 R2.59T Total government spending, prioritizing: Education (R1.04T), Health (R329B by 2027/28), Social grants (R370 SRD extended) 🚀 R289.8B for jobs & infrastructure 🛡 R9.4B for defense & security 💸 Fuel levy up, but no personal income tax hikes
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