South Africa's new coalition government has presented its first medium-term budget, which aims to attract investors for infrastructure projects.

The budget reveals a concerning trend, with increased spending and lower-than-expected revenue leading to a budget deficit that surpasses initial forecasts. The finance minister's update highlights the challenges facing the government as it seeks to balance fiscal responsibility with the need for economic growth.

The implications of this budget will be felt across various sectors, as stakeholders assess the impact of these financial decisions on future investments and economic stability.