After last month’s shock postponement, South African Finance Minister Enoch Godongwana is finally expected to present a 2025 national budget on 12th March. But the ANC and DA have been arguing about fiscal plans, and we think Mr Godongwana faces a Herculean task in bridging the gap between these warring coalition partners. How will compromise be achieved – and how big is the risk of fiscal slippage?
Economists from our Africa and Markets teams will be briefing clients on 12th March at 1630 GMT/1830 SAST all about South Africa’s fiscal outlook. This 20-minute online session is an opportunity to get answers to your questions as the panel addresses key budget, macro and market issues, including:
- Key budget takeaways and their implications for South Africa’s economy and financial markets;
- The extent to which the country’s fiscal and economic outlook could be threatened by coalition politics;
- South Africa’s exposure to the external environment, including Trump tariffs.
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