Overwhelmingly positive or mediocre? Economists on Wednesday had a variety of impressions to share of Finance Minister Trevor Manuel's national budget, tabled in Parliament earlier in the day. Colen Garrow, economist at Brait, said: "There was nothing in it for the embattled consumer."
Finance Minister Trevor Manuel's national budget speech on Wednesday is even more keenly anticipated this year in view of the electricity crisis and its anticipated negative effects on the economy, and Democratic Alliance spokesperson Kobus Marais has urged Manuel to tackle the crisis head-on.
As South Africa's economic growth slows and inflation heats up, Finance Minister Trevor Manuel will present a medium-term budget on Tuesday with decidedly less to smile about than six months ago. While analysts expect Manuel to be more cautious in his revenue predictions, they believe past prudence has left him with enough room for manoeuvre.