2024 Budget Speech | Alcohol prices to increase

#dstv403 #enca
An increase in the so-called sin taxes is expected to raise 15 billion rand for the fiscus. Finance Minister Enoch Godongwana says despite the collection of 1-point-7 trillion rand in tax revenue, there is a shortfall of 56-billion rand. The country has also been forced to raid its gold and foreign reserves, to close the gap. #dstv403 #enca