Backchat 20 February 2008
**2008 BUDGET SPEECH**
Today backchat had a live feed from parliament, where we brought you the 2008 budget speech by Finance Minister Trevor Manuel.
We were then joined by professor Lieb Loots an economist from the University of the Western Cape. According to Loots the budget speech was not very different to previous budget speeches but seems that South Africa's economy is heading in the right direction.
A few useful things to mention from the 2008 budget speech is that steps to extend social security will take place, such as:
-maximum values of the disability and old-age grants will increase by R70 permonth from R870 to R940 in April 2008
-the child support grant will increase by R10 in April this year and then by a further R10 in October, taking it to up R220 per month.
-foster care grants will grow from R620 to R650 per month.
AND ON THE OTHER SIDE:
SIN TAXES:
-cigarettes increases by 66 cents a pack of 20.
- a litre wine goes up 12 cents
-spirits increases by R2.17
**SPECIAL MENTION**
And on a brighter note WE the BACKCHAT FAMILY would love to send our appreciation to Dietrich Weber from the Netherlands who tunes into our show via the internet and enjoys our programmes. We gladly appreciate it.
Keep listening
If you wish to contact the BACKCHAT FAMILY send and email to backchat@bushradio.co.za or bassie@bushradio.co.za.
Today backchat had a live feed from parliament, where we brought you the 2008 budget speech by Finance Minister Trevor Manuel.
We were then joined by professor Lieb Loots an economist from the University of the Western Cape. According to Loots the budget speech was not very different to previous budget speeches but seems that South Africa's economy is heading in the right direction.
A few useful things to mention from the 2008 budget speech is that steps to extend social security will take place, such as:
-maximum values of the disability and old-age grants will increase by R70 permonth from R870 to R940 in April 2008
-the child support grant will increase by R10 in April this year and then by a further R10 in October, taking it to up R220 per month.
-foster care grants will grow from R620 to R650 per month.
AND ON THE OTHER SIDE:
SIN TAXES:
-cigarettes increases by 66 cents a pack of 20.
- a litre wine goes up 12 cents
-spirits increases by R2.17
**SPECIAL MENTION**
And on a brighter note WE the BACKCHAT FAMILY would love to send our appreciation to Dietrich Weber from the Netherlands who tunes into our show via the internet and enjoys our programmes. We gladly appreciate it.
Keep listening
If you wish to contact the BACKCHAT FAMILY send and email to backchat@bushradio.co.za or bassie@bushradio.co.za.
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