Sterling Private Wealth Weekly Wrap | 19 October 2026

Finance Minister Enoch Godongwana will present the mid-year budget update (the MTBPS) to Parliament on Wednesday, 21 October 2026.

The International Monetary Fund warned of a widening global divergence between AI-benefiting nations and energy importers as it downgraded growth expectations for nearly half of the world’s economies; including South Africa, which saw its 2026 growth forecast trimmed to 1.0%.

Finance Minister Enoch Godongwana will present the mid-year budget update (the MTBPS) to Parliament on Wednesday, 21 October 2026.

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