The CitizenIna Opperman · 12 November 2025 at 14:33Read the full story on The CitizenHe had news many people were waiting for on the inflation target, the fiscal anchor and a budget surplus of R19.7 billion.
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The CitizenGross revenues are projected to fall short by around R15.7 billion.
The CitizenFinance minister announced the new inflation target and promised a fiscal anchor that is not too far off to curb government spending.
The CitizenIllicit cigarettes trade has grown to 75% in 2025 from 19% in 2014.
The CitizenMoney allocated to provincial departments and municipalities will increase over the medium term.
The CitizenThis extension follows the first one made in May during the Budget Speech.
The CitizenCentral to reaching this goal are public-private partnerships.