SA Finance minister Malusi Gigaba delivered his much anticipated maiden medium term budget policy statement. A projected slippage in the gross debt to gross domestic product ratio over the medium term of a full six percentage points. To stabilise this National Treasury has said that for the next decade, substantial tax hikes are needed. Joining CNBC Africa for a post analysis is Dr Azar Jammine, Director and Chief Economist, Econometrix, Xhanti Payi, Economist & Head Of Research, Nascence Advisory and Research , Osman Mollagee, Partner: International Tax and Transfer Pricing, PwC .