We’ll all be poorer when this year’s “tough, but hopeful” Budget kicks in.
Just some of the hits to your pocket include a one percentage point hike in the Value Added Tax rate; a fuel levy hike of 52 cents a litre; all the usual “sin tax” hikes…
Ingram discussed the financial planning implications of the Budget.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Finance Ministers are many things. The one thing they are not is entertaining!— Warren Ingram, Galileo Capital
From a financial planning point of view… I got a lot of decent signals.— Warren Ingram, Galileo Capital
It’s leaving fund managers to make unconstrained decisions…— Warren Ingram, Galileo Capital
Not much has changed from a savings or investment point of view.— Warren Ingram, Galileo Capital
You should feel very little constraints to putting money into retirement funds… it’s a no-brainer… definitely do a tax-free savings account…— Warren Ingram, Galileo Capital
It could easily have been a Pravin Gordhan or Trevor Manuel budget!— Warren Ingram, Galileo Capital
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
Workers downed tools last week amidst reports of damage possibly resulting in load shedding. EWN’s Gia Nicolaides reports...
The Money Show’s Bruce Whitfield interviews Strata Legal (Pty) Ltd Director Brandon Irsigler.
Ad expert Andy Rice slams what he calls “MTN and Vodacom’s childish fight as to which one has the better network”.
The Money Show’s Bruce Whitfield interviews Lee Kasumba, who is in Addis Ababa, Ethiopia’s booming capital city.
Galileo Capital Financial Advisor Warren Ingram on "good debt", "bad debt", "neutral debt" and consolidation your debts into one.
The Money Show’s Bruce Whitfield interviews Investec Asset Management Economist Nazmeera Moola.
Eskom spokesperson Khulu Phasiwe says there will be no load shedding this week as Eskom looks to get back to normal.
On Technobyte this week the traditional doorbell goes hi-tech, Uber wants to fly you and Google is launching an AI lab in Ghana.
Show host Eusebius McKaiser says EFF's leader Julius Malema's comments on Indians are grossly unacceptable and irresponsible.
Check out the latest tweets and social posts on What's Gone viral with Khabazela...
Minister of Public Entreprises Pravin Gordhan explains the condition of state owned enterprises and the changes he is making.
MEC of Education in the WC Debbie Schäfer says South Africa doesn't need more historians but children should be economy savvy.
Stage 1 load shedding has been declared nationally. The City of Cape Town has urged residents to take note of the schedules.
Media law guru Emma Sadleir warns employees online that there are many potential events that could bring a company into disrepute.
Earn peanuts, but want to start investing? You can now buy even tiny fractions of a share at a time. And it's very simple!