The Gordon Institute of Business Science (GIBS) has illustrated key aspects of the budget in Lego.
This follows Finance Minister Pravin Gordhan’s presentation to parliament on Wednesday of a budget that many have called transformative.
The budget, unsurprisingly, resulted in higher sin taxes and an increased fuel levy.
It also imposed a 45 percent tax rate on those earning more than R1.5million a year, while lowering the tax free range for those at the bottom end of the scale.
GIBS’ 2017 video follows its explanation illustrated on a wall at the GIBS campus.
In our ongoing efforts to make the Budget Speech accessible, this year we bring you The Lego Budget Speech.