2024 Budget Speech | Alcohol prices to increase

An increase in the so-called sin taxes is expected to raise 15 billion rand for the fiscus. Finance Minister Enoch Godongwana says despite the collection of 1-point-7 trillion rand in tax revenue, there is a shortfall of 56-billion rand. The country has also been forced to raid its gold and foreign reserves, to close the gap. #dstv403 #enca For more on this story: https://www.enca.com/top-stories-videos/2024-budget-speech-watch-political-parties-and-enterprises-react