Economists forecast increased taxes as Treasury scrambles to increase revenue in a financially constrained environment.

Finance Minister Tito Mboweni will deliver his budget speech in the National Assembly.

Investment strategist from 274 Investment Managers, Nadir Thokan, says Eskom will be given a cash injection during the budget speech.

Eskom, which is currently sitting at a R420 billion debt, will be relying on a government bailout as it battles its financial woes.

The power utility has requested government to transfer R100 billion of its debt over to government debt.

Political Analyst Ralph Mathekga says there is no consensus within government on what to do with Eskom. Mathekga formed part of a panel of experts, that discussed the much anticipated 2019 pre-budget speech prediction.

OFM News/eNCA