Government revenue expected to drop

October 5, 2017, 5:51pm


A drop in GDP figures which has kicked the economy into recession and lacklustre growth witnessed so far in the first half of 2017 driven in the main by agriculture will culminate into a drop in overall government revenue towards 2018.

These sentiments have been supported by Director of Research and Securities at Simonis Storm Purvance Heuer at the backdrop of their latest data that forecasts revenue to contract by 2.3 percent for the 2017/18 financial year.