Live: Mboweni delivers his maiden budget speech
All eyes will be on Finance Minister Tito Mboweni on Wednesday afternoon as he delivers the much-anticipated maiden budget speech.
Analysts predict that economic growth, job creation and Eskom will be high on the agenda.
Cash-strapped power utility Eskom hit the headlines following an announcement by President Cyril Ramaphosa that it would be unbundled into three separate entities.
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A few days after the announcement, Eskom started implementing load-shedding due to a lack of capacity.
According to Investment strategist from 274 Investment Manager, Nadir Thokan, the seperation of Eskom is a step in the right direction and will aid in recapitalising the power utility.
Follow the @JacaNews live feed for all the latest from Mboweni’s budget speech.