2016 Budget Speech: Everything you need to know
2016 Budget Speech: Everything you need to know Last week South Africa’s Finance Minister Pravin Gordhan announced the 2016 budget. In the Budget Speech he had to balance South Africa’s books by providing a sound framework for the year ahead, in a manner that addresses the prevailing economic and social issues faced by the country.Let’s see how he fared… 2016 Budget Speech highlights: The expenditure ceiling was cut by R25bn over the next three years (R10bn in 2017/2018 and R