Tag: McEdward Murimbika

Finance minister Enoch Godongwana with President Cyril Ramaphosa

Treasury borrowing unlikely to impact small businesses

By: Anna Majavu  The National Treasury’s latest plan to borrow R500 billion per year to fund this year’s budget and refinance the debt it already owes is highly unlikely to benefit SMMEs, three macroeconomic policy experts told Vutivi News. National Treasury has also said it is considering closing programmes like expanded public works and informal settlement upgrades, increasing VAT, ...

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