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Economic Research Southern Africa

VAT You Didn't See Coming: South Africa's Budget Unpacked

26 Mar 2025

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Shortly after the long awaited 2025 Budget Speech, while US President Donald Trump is putting South Africa under the spotlight, ERSA’s hosts sit down with Dr Roy Havemann from the Bureau of Economic Research’s Impumelelo Growth Lab, to discuss the first Budget Speech under the newly appointed Government of National Unity, and his article co-authored with Claire Bisseker in the Business Day titled Make the SA Budget Predictable and Dull Again. At a time when South Africa finds itself with a debt-to-GDP ratio of 75%, declining GDP per capita, and tax revenue struggling to keep up with the mounting spending […]

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