The Minister for Finance will present the Budget Speech on 22 February 2012 and Deloitte are pleased to provide our annual Budget briefing commentary, highlighting the implications for the South African economy and for businesses.
The Budget briefing includes insights from Deloitte's tax practitioners aimed at providing you with key economic data and analysis.
Budget deficits occur when spending exceeds revenue. South Africa’s budget deficit was R167 million in 2010. Find out whether South Africa has been able to lower the deficit on Budget Day, 22 February 2012.
For more interesting facts about the South African Budget revenue, spending click here.