Finance Minister Tito Mboweni says the South African Revenue Service will collect R15.4 billion less than earlier projected.

Government will in the 2019/20 financial year again increase excise duties on alcohol and tobacco in an effort to raise much-needed revenue for the national fiscus, Finance Minister Tito Mboweni said on Wednesday.

No quick fix for SA’s Budget, but there’s some hope….

Government’s Infrastructure Fund is set to receive a R100 billion over the next decade as the state steps up its infrastructure programme by partnering with the private sector.

Minister Tito Mboweni’s 1st Budget is likely to be a “tough” budget, with economic weakness constraining revenues along with a seemingly endless list of urgent spending priorities, some bordering on crises, giving him little room to manoeuvre.

The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than the 2018 Budget estimate of 3.8%.

South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday.

Accelerate Property Fund listed today on the main board of the Johannesburg Stock Exchange ("JSE"), in the "Real Estate – Real Estate Holdings and Development" sector.

Accelerate Property Fund, a newly formed retail focused property Fund, is pleased to announce its intention to list on the Johannesburg Stock Exchange.

Commenting on the decision by the Monetary Policy Committee to reduce the repo rate by one percent, Dr Andrew Golding said while this was most welcome news, a two percent decrease would have sent a meaningful message to the economy.