SA hoping for a better budget speech

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On Wednesday 20 February 2019, Finance Minister Tito Mboweni is scheduled to deliver his first budget speech as a finance minister, in a very tough environment.

The economy is limping and government is not earning enough tax income to fund its expenses. His budget speech would likely give clarity around his rescue plan for Eskom and the possible absorption of some of its debt by government.

Eskom, taxes and load-shedding are the hot topics right now, with many South Africans hoping that the finance minister will provide sustainable solutions that will not hurt their pockets.