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Researcher and political analyst Tara Roos joins Lester Kiewit to unpack the latest from Parliament — from Finance Minister Enoch Godongwana’s election-year budget and the controversial R150 billion reserve drawdown, to ongoing Eskom bailouts and minimal youth employment provisions. They also delve into the draft Medium Term Development Plan, concerns over its implementation, and the DA’s coordinated push to expose potential state-funded misinformation campaigns ahead of the 2024 elections. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
Lester Kiewit speaks to Duma Gqubule, an independent economist about the cuts made in the 2025 national budget by Finance Minister Enoch Godongwana. Will it be enough to offset the scrapping of the VAT hike, or what other cuts will be required? Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
From the first fuel levy hike in three years to revised tax plans and spending shifts, we unpack the key takeaways from Finance Minister Enoch Godongwana’s latest budget speech. What it means for your money, the economy, and the year ahead.See omnystudio.com/listener for privacy information.
Motheo Khoaripe speaks to Khaya Sithole, independent analyst about the R2 billion guarantee approved by Finance Minister Enoch Godongwana to secure Ithala Bank's retail depositors, amid controversy and opposition from KwaZulu-Natal finance MEC Francois Rodgers. In other interviews, Faro Co- Founder Amber Penney chats about how the startup Faro is using AI to tackle the fashion industry's waste problem by giving last season's stock a new lease on life, offering affordable premium fashion to consumers. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalk See omnystudio.com/listener for privacy information.
Motheo Khoaripe speaks to Khaya Sithole, an independent analyst, about the R2 billion guarantee approved by Finance Minister Enoch Godongwana to secure Ithala Bank's retail depositors, amid controversy and opposition from KwaZulu-Natal finance MEC Francois Rodgers. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to The Money Show podcast. Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newsletters The Money Show is brought to you by Absa. Follow us on: 702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702 702 on Instagram: www.instagram.com/talkradio702 702 on X: www.x.com/Radio702 702 on YouTube: www.youtube.com/@radio702 CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkza CapeTalk on X: www.x.com/CapeTalk CapeTalk on YouTube: www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
In this BizNews Briefing, Finance Minister Enoch Godongwana responds to resignation calls, Helen Zille shares DA strategy ahead of May 21, and Dr. Frans Cronje weighs in on shifting GNU dynamics. Plus, market insights on Microsoft and Meta, and a fresh look at rugby's crowded calendar.
Africa Melane is joined by Accountant, Academic, Activist and Independent Analyst, Khaya Sithole, to discuss the re-tabling of South Africa’s 2025 Budget Review with a focus on what it means for public spending, tax policy, and economic stability. Finance Minister Enoch Godongwana’s decision to reverse the proposed VAT hike and maintain the rate at 15% has sparked fresh debate within the Government of National Unity and among key stakeholders. Follow us on:CapeTalk on Facebook: www.facebook.com/CapeTalkCapeTalk on TikTok: www.tiktok.com/@capetalkCapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.
Today on The Midday Report, host Jane Dutton – standing in for Mandy Wiener – unpacks the major stories making headlines. National Police Commissioner Fannie Masemola has confirmed that three of the missing Free State police officers are among five bodies recovered from the Hennops River in Centurion. In economic news, Finance Minister Enoch Godongwana is set to table a revised national budget on 21 May, following the finalisation of the value-added tax (VAT) reversal. Meanwhile, the disciplinary hearing into the conduct of Advocate Dali Mpofu has been postponed. And finally, Jane brings the latest updates on the Cape Town wildfires and the mudslides in KwaZulu-Natal. All this and more. Listen live - The Midday Report with Mandy Wiener is broadcast on weekdays from noon to 1pm on 702 and CapeTalk.See omnystudio.com/listener for privacy information.
Finance Minister Enoch Godongwana has announced a new budget date. The revised budget will be tabled on the 21st May 2025. This follows a court challenge that the Democratic Alliance and Economic Freed Fighters had brought in the country's High Court in the Western Cape Province, in opposition of his proposed hike in the country's Value Added Tax. Sakina Kamwendo spoke to economics and political commentator, Khaya Sithole
Clement Manyathela and the listeners discuss calls for the resignation of Finance Minister Enoch Godongwana. They also reflect on Donald Trump’s 100 days. The Clement Manyathela Show is broadcast on 702, a Johannesburg based talk radio station, weekdays from 09:00 to 12:00 (SA Time). Clement Manyathela starts his show each weekday on 702 at 9 am taking your calls and voice notes on his Open Line. In the second hour of his show, he unpacks, explains, and makes sense of the news of the day. Clement has several features in his third hour from 11 am that provide you with information to help and guide you through your daily life. As your morning friend, he tackles the serious as well as the light-hearted, on your behalf. Thank you for listening to a podcast from The Clement Manyathela Show. Listen live – The Clement Manyathela Show is broadcast weekdays between 09:00 and 12:00 (SA Time) on 702 https://www.primediaplus.com/station/702 Find all the catch-up podcasts here https://www.primediaplus.com/702/the-clement-manyathela-show/audio-podcasts/the-clement-manyathela-show/ Subscribe to the 702 daily and weekly newsletters https://www.primediaplus.com/competitions/newsletter-subscription/ Follow us on social media: 702 on Facebook: http://www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702 702 on Instagram: www.instagram.com/talkradio702 702 on X: www.x.com/Radio702 702 on YouTube: www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.
Today on The Midday Report, host Mandy Wiener breaks down the top stories making headlines. Finance Minister Enoch Godongwana has acted swiftly to introduce new legislation in Parliament aimed at reversing the planned value-added tax (VAT) hike, set to take effect in just six days. In other news, four prison wardens are expected to apply for bail in the Bloemfontein Magistrate’s Court today. The officers were arrested on Tuesday in connection with the alleged murder of an inmate. Meanwhile, the Supreme Court of Appeal (SCA) has ruled against the City of Johannesburg regarding an eviction order. And it's a Friday, so sport and good things too. All this and more. Listen live - The Midday Report with Mandy Wiener is broadcast on weekdays from noon to 1pm on 702 and CapeTalk.See omnystudio.com/listener for privacy information.
South Africa's budget process has been thrown into uncertainty after Finance Minister Enoch Godongwana scrapped plans for a 0.5% increase in Value-Added Tax. The move has sparked mixed reactions from politicians. The ANC has welcomed the decision, calling for more inclusive fiscal policy, while the EFF has hailed it as a victory, but is demanding the Finance Minister's resignation and a complete overhaul of the budget process. For more Elvis Presslin spoke to EFF Senior Researcher, Dr. Gumani Tshimomola
Stephen Grootes speaks to Busi Mavuso, CEO at Business Leadership South Africa, Charles de Wet, Executive at ENS in the Tax practice as well as Alan Mukoki, CEO at Sacci about the reversal of the 0.5 percentage point VAT hike, announced by Finance Minister Enoch Godongwana, and what this decision means for South Africa's fiscal sustainability and economic future moving forward. In other interviews, to Vincent Anthonyrajah CEO And Co-Founder At Differential Capital and David Shapiro, Veteran Stockbroker and Chief Global Equity Strategist at Sasfin explain how central bank policies impact your wallet The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalk See omnystudio.com/listener for privacy information.
Bongani speaks with Columnist and Analyst Khaya Sithole and Adjunct Associate Professor at Wits School of Government Richard Calland for their insights on Finance Minister Enoch Godongwana's announcement to withdraw the proposed 0.5 percentage point VAT increase. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Find all the catch-up podcasts here https://www.primediaplus.com/702/702-breakfast-with-bongani-bingwa/audio-podcasts/702-breakfast-with-bongani-bingwa/ Listen live - 702 Breakfast is broadcast weekdays between 06:00 and 09:00 (SA Time) https://www.primediaplus.com/station/702 Subscribe to the 702 daily and weekly newsletters https://www.primediaplus.com/competitions/newsletter-subscription/ Follow us on social media: 702 on Facebook: http://www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702 702 on Instagram: www.instagram.com/talkradio702 702 on X: www.x.com/Radio702 702 on YouTube: www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.
Bongani Bingwa speaks with Willie Aucamp, DA National Spokesperson, about Finance Minister Enoch Godongwana's decision to suspend the proposed 0.5 percentage point VAT increase. They discuss the DA's stance and implications of this move 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Find all the catch-up podcasts here https://www.primediaplus.com/702/702-breakfast-with-bongani-bingwa/audio-podcasts/702-breakfast-with-bongani-bingwa/ Listen live - 702 Breakfast is broadcast weekdays between 06:00 and 09:00 (SA Time) https://www.primediaplus.com/station/702 Subscribe to the 702 daily and weekly newsletters https://www.primediaplus.com/competitions/newsletter-subscription/ Follow us on social media: 702 on Facebook: http://www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702 702 on Instagram: www.instagram.com/talkradio702 702 on X: www.x.com/Radio702 702 on YouTube: www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.
Bongani Bingwa speaks with Atholl Trollip, Action SA Parliamentary Leader about Finance Minister Enoch Godongwana's decision to suspend the proposed 0.5 percentage point VAT increase. They discuss Action SA's stance and implications of this move. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Find all the catch-up podcasts here https://www.primediaplus.com/702/702-breakfast-with-bongani-bingwa/audio-podcasts/702-breakfast-with-bongani-bingwa/ Listen live - 702 Breakfast is broadcast weekdays between 06:00 and 09:00 (SA Time) https://www.primediaplus.com/station/702 Subscribe to the 702 daily and weekly newsletters https://www.primediaplus.com/competitions/newsletter-subscription/ Follow us on social media: 702 on Facebook: http://www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702 702 on Instagram: www.instagram.com/talkradio702 702 on X: www.x.com/Radio702 702 on YouTube: www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.
Today on The Midday Report, host Mandy Wiener breaks down the top stories making headlines. Finance Minister Enoch Godongwana has scrapped the proposed VAT hike, confirming that the rate will remain at 15% beyond 1 May. In other developments, President Cyril Ramaphosa is hosting Ukrainian president Volodymyr Zelensky today in Pretoria. Meanwhile, former President Jacob Zuma has failed in his bid to appeal the court’s decision to keep Advocate Billy Downer as the lead prosecutor in the long-running arms deal trial. Elsewhere, four police officers accused of stealing R20 million worth of jewellery from a Nigerian businessman’s Llandudno home appeared in court again today. All this and more. Listen live - The Midday Report with Mandy Wiener is broadcast on weekdays from noon to 1pm on 702 and CapeTalk.See omnystudio.com/listener for privacy information.
Dennis Davis joins John Maytham to unpack the DA and EFF’s court challenge to Finance Minister Enoch Godongwana’s VAT hike. Davis, a retired judge and constitutional law expert, explains why the case matters, what’s at stake in terms of parliamentary process, and how the outcome could shape future tax legislation.See omnystudio.com/listener for privacy information.
What went wrong with South Africa's budget process and does the Democratic Alliance (DA) have a case in their court challenge of Finance Minister Enoch Godongwana's decision to hike Value Added Tax (VAT)? There has since been varying responses and reactions around this so Phumi tackles this point in our country's trajectory with Mark Oppenheimer, practicing advocate and member of the Johannesburg Bar, and Kristen Heim, an expert on institutional change in African Legislatures and has been engaged in parliamentary capacity development across the continent since 2008 | Level Up with Phumi Mashigo The Burning Platform
In today's BizNews Briefing, the Democratic Alliance hits human settlements minister Thembi Simelane with corruption charges. Arguing that president Cyril Ramaphosa is hiding the VBS report like it's his darkest secret. The UIM's Neil de Beer adds his voice to what he calls the ‘budget circus' after Finance Minister Enoch Godongwana says there's no VAT alternative. The IRR poll paints a trend where the DA's anti-VAT campaign pushes it past the ANC, proving non-racial policies can crack the party's historic grip. And SA surfer champion Roxy Davis transforms lives, empowering disabled children through surf therapy at Muizenberg beach.
Rise Mzansi has written to Finance Minister Enoch Godongwana, urging swift resolution to the budget deadlock the party which says threatens national credibility and economic stability. Following high-level meetings with Parliament, the ANC, and the President, the party proposes re-allocating military and gambling revenues, tightening tax collection. The party Mzansi warns, continued delays will deepen fiscal damage and erode trust in South Africa's economic governance. Elvis Presslin spoke to Rise Mzansi leader Songezo Zibi
Chantal Marx from FNB Wealth and Investments sheds light on recent adjustments to property transfer duty brackets in the country, which came into effect on 1 April following 'Budget 2.0' delivered by Finance Minister Enoch Godongwana in March. Podcast series on Moneyweb
Political analyst Dr Ntsikelelo Breakfast joins John Maytham to unpack the implications of the Democratic Alliance’s decision to vote against Finance Minister Enoch Godongwana’s budget in Parliament. With the ANC securing enough support to pass the fiscal framework without its main GNU partner, questions are mounting over the DA’s continued role in the coalition. Dr Breakfast explores the possible political realignments, the risks for national governance, and what this moment reveals about the fragility of the Government of National Unity.See omnystudio.com/listener for privacy information.
Tony Leon joins John Maytham to critique the ANC’s last-minute budget negotiations. He argues that the turmoil could have been avoided had the party honoured the June 2024 statement of intent signed under the Government of National Unity. Leon discusses Finance Minister Enoch Godongwana’s decision to bypass GNU signatories, the implications for coalition trust, and what the budget wrangling reveals about the ANC’s governance.See omnystudio.com/listener for privacy information.
The Democratic Alliance (DA) has accused ActionSA of working with ANC to push through a 1% VAT increase over the next two years. ActionSA, however, has refuted this, asserting that the ANC has instead backed their 2025 Budget amendments, which block a proposed 0.5% VAT rise and secure income tax relief by addressing "bracket creep". Yesterday, Parliament's Standing Committee on Finance adopted its report on the fiscal framework, tabled earlier this month by Finance Minister Enoch Godongwana. This framework originally proposed a 0.5 percentage point VAT increase over two financial years. Elvis Presslin spoke to Karabo Khakhau, DA National Spokesperson
The ANC is confident the national budget will be passed In Parliament this week despite fierce opposition. Parliament is expected to vote on the 2025 budget delivered by Finance Minister Enoch Godongwana on Wednesday. But the two biggest partners in the GNU remain at loggerheads over the proposed 0.5 percentage point VAT hike. For more Elvis Presslin spoke to ANC National spokesperson, Mahlengi Bhengu-Motsiri
Bongani Bingwa speaks to Build One South Africa leader Mmusi Maimane about his calls for a comprehensive explanation of the R408 million “once-off taxi gratuity” included in the 2025/26 national budget, presented by Finance Minister Enoch Godongwana.See omnystudio.com/listener for privacy information.
Lester Kiewit speaks to Action SA parliamentary leader, Athol Trollip about the party’s decision to not support the Budget vote in its current form. This raise concerns that it may not be approved by the April 2 deadline.See omnystudio.com/listener for privacy information.
Finance Minister Enoch Godongwana delivered his first GNU budget under difficult circumstances given low economic growth that the country has been going through. Like the postponed budget in March ,this reviewed budget is not short controversy as DA is opposing the 0,5 % VAT increase and have vowed to vote against it in parliament. In this episode Mogale is joined by Budget Policy and Tax Researcher at the Institute for Economic Justice to reflect on the budget.Stream in
John Maytham is joined by DA leader John Steenhuisen to unpack the party’s firm opposition to Finance Minister Enoch Godongwana’s latest budget. The discussion delves into the controversial VAT increase, the R60 billion budget shortfall, and the alternative solutions the DA is proposing to avoid placing further strain on South Africans. Steenhuisen outlines his party’s stance within the Government of National Unity (GNU) and explains why the DA refuses to support the budget in its current form.See omnystudio.com/listener for privacy information.
Premier of the Western Cape, Alan Winde, joins John Maytham to discuss the province’s reaction to Finance Minister Enoch Godongwana’s National Budget. With a proposed VAT increase and a R60 billion budget shortfall, Winde shares his concerns about the impact on businesses, households, and service delivery in the Western Cape.See omnystudio.com/listener for privacy information.
The proposed Value Added Tax increase has sparked concerns among economists, who warn that it could further strain already struggling households. As part of his revised budget, Finance Minister Enoch Godongwana announced a 1 percentage point VAT hike, phased over two years. The first increase of 0.5% is set to take effect in May, followed by another 0.5% hike in April next year. To delve deeper into the potential implications of this decision, Elvis Presslin spoke to Qhivi Tiva, Head of Fixed Income at Prowess Asset Management
Lester Kiewit speaks to Nedbank economist Isaac Matshego, about the key decision emerging from Finance Minister Enoch Godongwana’s Budget, which includes a scaling down of his original two percentage point VAT hike, to a 0,5-percentage point increase.See omnystudio.com/listener for privacy information.
Finance Minister Enoch Godongwana announced in his 2025 budget speech that there will be an increase in taxes on cigarettes and alcohol products, otherwise known as “sin taxes”. But when will these come into effect and can retailers apply the mark-up on their existing inventory? Lester Kiewit speaks to Prof. Corné van Walbeek, Professor at the School of Economics, and the Director of REEP (Research Unit on the Economics of Excisable Products) at the University of Cape Town.See omnystudio.com/listener for privacy information.
Finance Minister Enoch Godongwana has announced a VAT hike to 16% by 2026. Will this move help or hurt South Africans? Join Africa Melane in conversation with Tax Head of Operations at the Financial Planning Institute of South Africa, Ronald Matande as they unpack the implications.See omnystudio.com/listener for privacy information.
The ANC says the VAT increase will be offset by higher social grants and an expanded list of zero-rated essential foods to shield lower-income households. Finance Minister Enoch Godongwana yesterday tabled the revised 2025/2026 budget after the initial proposal was rejected due to its suggested 16% VAT hike. The new VAT increase will be implemented in two phases: 0.5% from May 1, 2025, and another 0.5% from April 1, 2026. But the VAT increase has been met with fierce opposition from political parties and ordinary South Africans. Elvis Presslin spoke to ANC Chief Whip, Mdumiseni Ntuli
Stephen Grootes speaks to Siya Biniza, Economist and CEO at Political Economy Southern Africa, & Gina Schoeman, Economist at Citi Bank, about the plans for social grants, infrastructure spending, and state-owned enterprises, highlighting the tough trade-offs made by Finance Minister Enoch Godongwana. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.
In this BizNews Briefing: South Africa's budget takes center stage as Wayne Duvenage, CEO of OUTA, and Kevin Lings, Chief economist at Stanlib, share their expectations ahead of Finance Minister Enoch Godongwana's address. Meanwhile, global markets react as US President Trump calls for crypto as a strategic reserve, and Bitcoin hovers around $80,000. Plus, Ukraine and US representatives meet in Saudi Arabia for peace talks.
In this latest edition of the Sunday Show. Neil de Beer says Police Minister Senzo Mchunu is licking his lips for the return of AfriForum's Kallie Kriel from the Afrikaners' latest mission to the US amid a dispute over farm murder statistics. “…there's a little bit of a facial expression from Mchunu that this is not just about a discrepancy, but this is about: I'm waiting for you.” As for criticism from other Cabinet ministers, he says: “I sometimes think that these ministers that are going through allegations - and there are more than 20, 30 of them - they actually beg that people like AfriForum go run around the world and cause mayhem. Because as long as they are the target, as long as they are the story, they're not the story.” De Beer slams the very poor performance of National Prosecuting Authority (NPA) boss Shamila Batohi whose term ends in January 2026 - and lists some of the “walking hyenas that are still around here and some of them disgustingly still being leadership”. Meanwhile, he calls on Correctional Services Minister Pieter Groenewald to review the parole of the long-time “terminally ill” Shabir Shaik who “has become a biological miracle and must be captured and put into a museum”. As for the delayed Budget Speech, he urges Finance Minister Enoch Godongwana to introduce cost-cutting measures, “but you have to have nuts to cut”. De Beer also shares details of an hour-and-half long conversation he had with former President Jacob Zuma's Private Secretary, Isaac Leshona, following his interview with BizNews - and the purges being executed by SG Floyd Shivambu in one faction and Duduzile Zuma in another.
A candid moment caught on a hot mic has exposed tensions between Finance Minister Enoch Godongwana and SARS Commissioner Edward Kieswetter over the proposed VAT hike. In this episode, Dan Corder speaks to Matshidiso (Tshidi) Lencoasa | Budget analyst at SECTION27 and Budget Justice Coalition Steering Committee member about the fallout, the power dynamics between the Treasury and SARS, and what this means for South Africa’s fiscal credibility. See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Carol Paton, Editor-at-Large at Fin24, about Finance Minister Enoch Godongwana's surprise proposal to hike Value-Added Tax (VAT) in South Africa.See omnystudio.com/listener for privacy information.
Finance Minister Enoch Godongwana announces 12 March 2025 as the new date for the tabling of the 2025 Budget. This was postponed due to disagreements in the cabinet.See omnystudio.com/listener for privacy information.
It's Budget speech season, and Finance Minister Enoch Godongwana is cracking his whip. That's why Darren's Sky, and Carmen asked: Which item should never increase in price? Despite the obvious things like bread and fuel, Roman is outraged by the price of speckled eggs, and one mum from Queensburgh can't believe the price of Pritt! Webpage
Renowned News 24 Writer-at-large Carol Paton joins John Maytham to discuss the looming budget challenges as Finance Minister Enoch Godongwana prepares to present the national budget amid a revenue shortfall and growing spending pressures. See omnystudio.com/listener for privacy information.
United Independent Movement (UIM) President Neil de Beer defies death threats to be back on the Sunday Show with BizNews - and says: “You are not going to silence us. In actual fact, tomorrow I will buy a bigger megaphone.” He goes on to speak about the return of racism to South Africa; the charge of incitement to violence he has laid against Economic Freedom Fighter (EFF) MP Andile Mngxitama; and describes the African National Congress's evolution from Nelson Mandela's reconciliation to Jacob Zuma and Cyril Ramaphosa's “retribution”. As for US President Donald Trump's retribution against South Africa, De Beer says it is not driven by the land redistribution issue, but by support for Iran, Hamas, Hezbollah and BRICS membership, and calls President Cyril Ramaphosa a “moegoe” if he thinks he can “kick America to touch….let the white Afrikaners that want to leave, leave….and then replace America and the minorities with China”. De Beer also takes a deep dive into the perilous state of the country's finances - and slams Finance Minister Enoch Godongwana as Treasury is negotiating a new R27 billion loan from the World Bank.
With a challenging economic landscape, fluctuating currency, global trade tensions, and ongoing energy struggles what can South Africans, businesses and investors expect from Finance Minister Enoch Godongwana's 2025 Budget Speech? Investec experts Chief Economist Annabel Bishop, Treasury Economist Tertia Jacobs and Chief Investment Strategist Chris Holdsworth share their predictions for Budget 2025. Podcast key moments: 00:00 – Introduction 01:16 - Overview of the current macroeconomic landscape 03:08 - What has changed since the Minister of Finance tabled the Medium-Term Budget Policy Statement (MTBPS) in October 2024? 04:10 – What will investors be watching in Budget 2025 04:45 - How do you expect the minister to navigate fiscal deficit? 06:35 - Can government lower its debt trajectory? 07:43 – How do we drive growth in South Africa? 08:52 - Expectations for revenue in the upcoming budget? any tax increases? 13:11 - From an investment perspective, what are the implications for various key sectors and the equity market? 14:18 - Outlook for government bond yields? 15:47 - When will South Africa get to investment grade? 16:44 - How can the budget address issues related to retrenchment and unemployment? 18:12 - Are there strategies to ensure the development of a sustainable infrastructure in South Africa? 19:55 - What's the one big thing that you're looking out for in budget 2025? Read more on www.investec.com/now Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA
Stephen Grootes speaks to Roelof Viljoen, Project manager for Business Against Crime South Africa about the new regulations to the Public Procurement Act aimed at addressing extortion and other criminal acts by the construction mafia. In other interviews, Khaya Sithole, Chartered accountant, about Finance Minister Enoch Godongwana's stance on amending banking laws to prevent the arbitrary closure of bank accounts.See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Khaya Sithole, Chartered Accountant, about Finance Minister Enoch Godongwana's stance on amending banking laws to prevent the arbitrary closure of bank accounts.See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Treasury director-general, Dr. Duncan Pieterse on the Medium-Term Budget Policy Statement's key takeaways, including measures to reduce debt, boost economic growth, and improve service delivery. In other interviews on this episode of The Money Show, Krish Gopaul, Senior Analyst for Europe, the Middle East and Africa at the World Gold Council explores the factors behind the unprecedented growth in global gold demand, now exceeding $100 billion. Interviews: Insights into mini-budget and Finance Minister Enoch Godongwana's economic agenda Stephen Grootes speaks to Treasury director-general, Dr. Duncan Pieterse on the Medium-Term Budget Policy Statement's key takeaways, including measures to reduce debt, boost economic growth, and improve service delivery. Market Commentary Grant Nader, Portfolio Manager at Benguela Global Fund Managers joins host Ray White to analyse the day's market fluctuations and delve into the latest developments in business and finance. Global gold demand reaches a record high value of over US$100 billion Stephen Grootes speaks to Krish Gopaul, Senior Analyst for Europe, the Middle East and Africa at the World Gold Council exploring the factors behind the unprecedented growth in global gold demand, now exceeding $100 billion. Tech Thursday: Shifting Landscape: Challenges Face South African Online Retail Stephen Grootes speaks to tech expert Siphumelele Zondi about the turmoil in South Africa's online retail space, following Jumia's exit from Zando and Takealot's sale of Superbalist. SA is spending worryingly little on agricultural research Stephen Grootes talks to Johann Kirsten, Professor of Agricultural Economics at Stellenbosch University, about South Africa's alarming underinvestment in agricultural research. Small Business Focus: Building your brand as a township business for urban and corporate market Stephen Grootes speaks to Bulelani Balabala, Founder of Township Entrepreneurs Alliances about strategies for township businesses to penetrate urban and corporate markets through effective branding with Bulelani Balabala. Investment School - Navigating South Africa's Market Volatility: Strategies for Long-Term Growth Stephen Grootes speaks to Hlelo Giyose, Chief Investment Officer and Principal at First Avenue Investment Management, and Asanda Notshe, Chief Investment Officer at Mazi Asset Management, about navigating South Africa's market volatility: strategies for long-term growth.See omnystudio.com/listener for privacy information.
Kevin Lings, Stanlib Chief economist weighs in on what to expect ahead of finance minister Enoch Godongwana's medium-term budget policy statement tomorrow. See omnystudio.com/listener for privacy information.