Finance Minister Enoch Godongwana is all set to deliver the National Budget Speech today at the Cape Town City Hall parliament. The speech is said to outline economic and social commitments that government will prioritise in the coming year.  

The 2024 Budget Speech will be broadcast live on Parliament’s DSTV Channel 408, livestreamed on Parliament’s website and social media platforms, including Parliament’s YouTube Channel. Parliament will also provide live feeds to interested broadcasters upon request.

The Budget Speech, among others, aims to balance economic growth and support for the vulnerable in our society, despite limited resources. Godongwana will provide a detailed plan for [the] 2024 spending, including proposals for revenue collection to help fund government’s planned interventions and commitments.

This follows the recent State of the Nation Address (SONA) that was delivered by President Cyril Ramaphosa where he outlined national government’s plans to tackle the country’s energy crisis and other socio-economic challenges.

“He will also introduce the Appropriation Bill and table the Division of Revenue Bill, which Parliament will process in the following months,” Parliament said.

“Godongwana’s 2024 Budget Speech will be broadcast live on Parliament’s DSTV Channel 408, livestreamed on Parliament’s website and social media platforms, including Parliament’s YouTube Channel. Parliament will also provide live feeds to interested broadcasters upon request,” Parliament said.