Stabilis and Citadel presents the KLCBT budget speech breakfast

Citadel opened with a fantastic presentation on the statistics of world          economic recovery,      forecasting economic changes with the conflict between Russia and Ukraine.  How will it      influence the world, can we expect a recession?  What is interesting for the Lowveld is that we play a vital role in the economic recovery of South Africa, because we are very strong in agriculture and tourism, two of the        industries with massive growth potential and youth employment potential.  Stabilis followed with a      summary of changes in taxes, bringing some good news on a slight reduction in personal and company tax, with no increases in the fuel levy or VAT.  This does not mean the fuel price will not go up!  It is only the tax on the fuel that is staying the same.