WATCH | Budget speech has been postponed

All eyes were set to be on finance minister Enoch Godongwana on Wednesday when he was expected to deliver the budget speech in parliament. But the speech has been postponed to March.

This would have been his first budget speech under the government of national unity.

Most economists predicted the Treasury would increase some taxes, saying the economy can best be described as facing the perfect storm, with high levels of unemployment and low levels of economic growth.

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