The Big Five: different sectors of South Africa respond to Budget 2016

Five very different sectors respond to Budget 2016 - Galileo Capital's Financial Advisor Warren Ingram, Pavlo Phitidis, Director and CEO of the Aurik Business Incubator, Paul Theron, MD of Vestact, Wayne Duvenage, Chairperson of OUTA, the Organisation Undoing Tax Abuse and S'bu Zikode, President of Abahlali baseMjondolo (Shack Dwellers) Movement SA

Anyone that's considering a trust be very careful and reconsider your trust planning becasue there are going to be big changes that could really effect you

Galileo Capital's Financial Advisor Warren Ingram

The thing I am most happy about from a small business point of view is the procurement portal. Its been given a lot of emphasis. Its going to become mandatory

Pavlo Phitidis, Director and CEO of the Aurik Business Incubator

I'm normally optimistic but I think we haven't really done enough to be confident that the ratings downgrade and general market response is going to be in our favour

Paul Theron, MD of Vestact

I think it was a bit of a damp squib - soft targets like fuel levy and motorists.

Wayne Duvenage, Chairperson of OUTA, the Organisation Undoing Tax Abuse

We are concerned about its implementation. How do you transform that into changing the real lives of men and women in South Africa in shacks, in rural areas and in slums.

S'bu Zikode, President of Abahlali baseMjondolo (Shack Dwellers) Movement SA

This article first appeared on 702 : The Big Five: different sectors of South Africa respond to Budget 2016


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