-DELETED- NOW Ep 121: Budget Speech 2026| What’s at stake? скачать в хорошем качестве

-DELETED- NOW Ep 121: Budget Speech 2026| What’s at stake?

South Africa’s 2026 Budget arrives at a pivotal moment. Debt is hovering near 78% of GDP. Growth is forecast at just 1.5%. Debt-servicing costs absorb around 5% of GDP. And yet, bond yields have fallen, sentiment has improved and S&P maintains a positive outlook. Is this genuine fiscal stabilisation or simply a window of opportunity? In the latest episode of No Ordinary Wednesday, Jeremy Maggs sits down with Investec’s Chief Economist Annabel Bishop and Treasury Economist Tertia Jacobs to unpack: • Whether debt has truly peaked • How meaningful the commodity revenue windfall is • The risk of further “stealth” tax pressure on households • Municipal reform and infrastructure momentum • What it would take to secure a credit-rating upgrade Read more on www.investec.com/now Investec Focus Radio SA (https://www.investec.com/en_za/focus/...)