Post by African Soil (@onafrica)

South Africa's Finance Minister Enoch Godongwana presented the 2026 Budget today, and it's being called a game-changer. For the first time in 17 years, the country's debt is stabilising thanks to tough austerity measures. No broad tax increases—just some bracket relief to help individuals. Social grants get a boost starting April, SRD grant protected. Markets love it: rand strengthened, bond yields dropped, JSE hit record highs. Godongwana says SA is on the cusp of real growth. Is this the reset

South Africa's Finance Minister Enoch Godongwana presented the 2026 Budget today, and it's being cal...

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Charles Nwafor: This is where things work, not the rush they are doing in Nigeria by the government. They want to strangle us with multiple tax.