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π Budget 2025 Postponed β What this means for SA
π Join Portfolio Manager Jason Swartz as he unpacks the surprising postponement of South Africaβs Budget Speech. Jason shares insights on the implications for the Government of National Unity (GNU) βοΈ and the broader economy π.
π Key takeaways:
π° The budget was delayed due to disagreements over a potential VAT hike.
βοΈ This could signal cracks in the GNU β or proof that it's working.
ποΈ The ANC has been asserting its authority within the coalition, as seen with recent policies like the NHI and Expropriation Act.
π Market reaction was muted, suggesting investors may see the GNU as functioning despite political noise.
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