
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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