Impact of budget speech postponement: Dr Iraj Abedian

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Differences over 2 percentage point increase in value added tax have seen the first national budget speech under the government of national unity has been postponed yesterday.
Widely described as unprecedented, the move saw the rand weakened by 1% against the US dollar shortly thereafter.
Minister Enoch Godongwana confirmed that the budget was postponed and that government would have further discussions and table a new budget on the 12th of March.
Analysts have been weighing in on yesterday's development, we now bring in Economist and CEO of Pan - African Investments Dr Iraj Abedian joins us virtually

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