Invest with Perspective

πŸ“Š Budget 2025 Postponed – What this means for SA

β€’ Old Mutual Investment Group

πŸŽ™ Join Portfolio Manager Jason Swartz as he unpacks the surprising postponement of South Africa’s Budget Speech. Jason shares insights on the implications for the Government of National Unity (GNU) βš–οΈ and the broader economy πŸ“ˆ.

πŸ”‘ Key takeaways:

πŸ’° The budget was delayed due to disagreements over a potential VAT hike.

βš–οΈ This could signal cracks in the GNU – or proof that it's working.

πŸ›οΈ The ANC has been asserting its authority within the coalition, as seen with recent policies like the NHI and Expropriation Act.

πŸ“‰ Market reaction was muted, suggesting investors may see the GNU as functioning despite political noise.

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