South Africa will be waiting in anticipation tomorrow to hear what the Finance Minister, Tito Mboweni has to say as he addresses government plans for the next three years at the medium-term budget policy statement. CNBC Africa's Kopano Gumbi filed this special report.
As Public Enterprises Minister, Pravin Gordhan announced a special paper on Eskom and unemployment hit a 11 year low the Currency took a hit. The rand reversed the gains of recent past, losing as much 20 cents to the dollar. Will tomorrow's medium-term budget policy statement by Finance Minister Tito Mboweni also wag the currency tail? What will happen to our state owned enterprises? Xhanti Payi, Lead Researcher and Economist at Nascence Advisory joins CNBC Africa for pre medium-term budget policy statement (MTBPS).
There could be anything from increased vat to zero rated chicken. The much anticipated budget policy speech will be delivered tomorrow. CNBC Africa correspondent Thasami Soobyah has more.
David French, Tax Consulting Director at Mazars South Africa joins CNBC Africa to talk about expectations from Finance Minsiter Mboweni's Medium Term Budget Policy Statement.
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