MEDIA STATEMENT - BLSA reacts to the 2025 Budget Speech

BLSA CEO Busisiwe Mavuso gives BLSA's reaction to the 2025 Budget Speech that was given by Mr Enoch Godongwana on 12 March 2025. She touches on the increase in VAT, a bloated cabinet, macro-economic reform agenda, infrastructure investments, etc.BLSA CEO Busisiwe Mavuso shared her thoughts on the 2025 Budget Speech delivered by Finance Minister Enoch Godongwana. Mavuso discussed key aspects of the budget, including the VAT Increase, highlighting its implications on the economy and citizens. She also expressed concerns about the Bloated Cabinet, emphasizing the need for a more streamlined government.

Mavuso welcomed the Macro-Economic Reform Agenda, acknowledging its potential to drive economic growth and stability. Additionally, she highlighted the importance of Infrastructure Investments, which are crucial for South Africa's economic development and job creation.