Budget 2022: The Executive Summary
SA’s total tax revenue exceeded the February 2021 Budget Speech estimate by R182bn at R1.55trn. A year ago revenue had been estimated at R1.4trn, which was adjusted to R1.5trn in November’s MTBPS. Year-on-year revenue growth in revenue was 24% (2021: R1.25trn). Improved revenue is primarily due to improved commodity prices, with corporate tax receipts from mining […]
A look at young people and their attitude towards money and how to improve their finances
For many years, young people in South Africa have experienced and faced many challenges regarding them completing their education which has resulted in extreme unemployment rates and is one of the key challenges facing our society and necessitates. A recent study conducted by Momentum in partnership with UNISA, The Momentum UNISA Financial Index reveals that […]
Ready, Set, Plan!
Every year, more and more young adults finish school or their degrees and enter the workforce. These young professionals face numerous challenges such as finding employment, entering into contracts on their own, and the most pressing of all – dealing with financial pressure. What financial topics are young professionals most interested in? To answer this, […]
