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South Africa just dropped its "Budget 3.0", a third and revised national budget of 2025 and it is quite polarising. Finance Minister Enoch Godongwana's latest fiscal plan paints a pretty stark picture: spending cuts, slower growth on the horizon, and debt peaking a little higher than we all hoped. For cross-border businesses in emerging markets, South Africa's budget isn't just financially complicated; it's a significant signal with crucial real-world implications.
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