Headline: Supplementary Budget – Why and what now
With COVID-19 hitting the South African shores in March 2020, the South African government enforced a strict lockdown bringing an already battling economy to its knees. To try and compensate to some extent for this, on 21 April 2020, the President of South Africa, Cyril Ramaphosa, announced a R500 billion (bn) fiscal support package, writes…