Some takeaways from proposed 2027 budget —Lubinda

Households benefiting from the Social Cash Transfer programme and farmers are expected to be among the biggest winners under Government’s proposed K284.8 billion 2027 national budget, although consumers and mobile money users are likely to face higher costs from proposed tax increases and levies. According to economist Lubinda Haabazoka, the proposed budget increases funding for the Social Cash Transfer programme to K10.4 billion, raising the number of beneficiary households from 1.5 million in 2026 to more than 1.6 million next year. In his budget commentary, Haabazoka noted that while…