Stay informed with our expert analysis of South Africa’s evolving budget landscape. In our latest video, Izak Odendaal, Chief Investment Strategist at Old Mutual Wealth and Victor Mupunga, Head of Research at Private Clients by Old Mutual Wealth unpack the third iteration of the 2025 budget speech.
Izak Odendaal and Victor Mupunga discuss the impact of the SA budget speech 3.0, reflecting on the macro-economic and investment market environment. They also explore the importance of political alignment within the GNU and unpack what a good budget means for taxpayers and investors alike.
Izak Odendaal and Victor Mupunga
Izak analyses the budget speech looking at its implications for the macro-economic environment, investment markets, investors and consumers. He also commends the GNU for its commitment to fiscal consolidation.
Izak Odendaal - Chief Investment Strategist
Tiaan discusses the South African Budget Speech outcomes, focusing on the VAT increase and the lack of inflationary adjustments on personal income tax. He examines the impact on financial planning, including investments and long-term retirement funding strategies.
Tiaan Herselman - Head of Advice and Proposition
Victor examines what the Budget Speech means for investors, particularly in relation to their investment portfolios. He also reflects on the investment outlook, highlighting the possible meaning for the rand as well as asset classes including equities and bonds.
Victor Mupunga - Head of Research at Private Clients by Old Mutual Wealth