From Business Insider South Africa:

Everything you need to know about Budget 2020 – in 18 graphs

Here are the biggest bombshells in the Budget – including taxpayers getting R2 billion in tax relief

There may be no way to use Google apps such as Maps and Gmail on new Huawei phones after all

There’s a plan for etolls, but Treasury says it can’t release it

You’ll soon pay 13c more for every plastic bag – with proposals to tax all single-use plastic and straws

The coronavirus has now hit every continent except Antarctica after a man in Brazil tested positive

The best underwater photo of the year shows Antarctic seals gliding gracefully around an iceberg

Today's headlines:

1. In a well-received (by the market) Budget, finance minister Tito Mboweni announced plans to reduce the state employee wage bill by more than R160 billion over the next three years. Read more.

2. Meanwhile, Cosatu has threatened to strike and "collapse" the public service if government does not honour the current public service wage agreement. Read more.

3. Government will also spending less than previously budgeted on infrastructure and health.

4. Income taxpayers have emerged largely unscathed: tax brackets have been changed so that they will get R2 billion more out this year. Read more.

5. Fuel taxes have been hiked, and sin taxes were also increased - but largely in line with inflation. Read more.

Graph of the day


Utterly useless fact of the day

Samsung's new Galaxy S20 Ultra phone's screen is so big it would have been considered a tablet a couple of years ago. The phone's screen measures 17.5cm, which is almost exactly the same size as the Google Nexus 7 tablet from 2013. Read more.

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