by O'Hagan Attorneys | Mar 9, 2026 | Economy, Financial Planning, Saving & Investing, tax
“The 2026 Budget marks an important turning point for South Africa.” (Dr Duncan Pieterse, Director-General, National Treasury) Some of the best news in Budget 2026 is the real GDP growth of an estimated 1.4% for 2025, rising to 2% in 2028, and a debt ratio that will...
by O'Hagan Attorneys | Dec 8, 2025 | Economy, Market Update
Just in time for the festive season, November 2025 brought the economic gifts South African investors had long anticipated. In a series of positive developments, the country achieved its first sovereign rating upgrade in two decades, set its first monetary policy...
by O'Hagan Attorneys | Nov 5, 2025 | Economy, General Interest
On 24 October 2025, South Africa reached a major milestone when the Financial Action Task Force (FATF) officially removed the country from its list of jurisdictions under increased monitoring, commonly known as the “greylist.” South Africa was originally greylisted in...
by O'Hagan Attorneys | Mar 5, 2024 | Economy, Financial Planning
“Our bigger challenge… is that our pie is not growing fast enough and this limits our ability to generate sufficient revenues to distribute among our priority areas.” (Finance Minister Enoch Godongwana – Budget 2024) Finance Minister Enoch Godongwana’s third Budget...
by O'Hagan Attorneys | Mar 31, 2023 | Economy, Financial Planning
Finance Minister Enoch Godongwana’s 2023 Budget Speech has been widely described as “conservative.” Most experts agree that it contained few surprises and many feel that it didn’t do enough to address the myriad challenges facing the South African economy. While it’s...
by O'Hagan Attorneys | Jan 31, 2023 | Economy, tax
“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during these times of pandemic and economic hardship, is an inspiration to all of us who have the privilege to serve in the public sector.” (From the 2022 Budget Speech) Finance...
