While some domestic conditions have shown a slight improvement, there are still concerns that the spillover effect from geopolitical and geo-economic tensions could affect the South African economy.

AGAINST a backdrop of substantial economic risks – including fiscal weakness, external volatility, and pressing social needs, Finance Minister Enoch Godongwana delivered what was clearly a “compromise ...

The unexpected postponement of the annual Budget Speech last month sent shockwaves through South Africa, unsettling market sentiment. Now, the reason for the delay has become clear—there is little ...

The government has added R19.1bn over the medium term to keep approximately 11,000 teachers in classrooms.Source: Pexels“Our ...

After weeks of nail-biting suspense, SA finally unveils a Budget that, while promising a new era of cost-cutting and ...

Some political brinkmanship is probably about to be played out, despite all the seemingly high-minded objections to the VAT ...

Grant will be extended by another year, lasting until March 2026 in its current form. Finance Minister Enoch Godongwana made ...

CAPE TOWN - Minister of Finance, Enoch Godongwana has injected R28,9 billion into the health budget. This will be used to pay ...

Budget underscores Treasury’s hardline stance against unconditional bailouts for struggling SOEs. However, Eskom and Transnet remain major fiscal risks.

The additional funding is expected to support PRASA’s efforts in maximizing the potential of the 241 new trains delivered through the rolling stock renewal programme.

Higher education is also set to benefit, particularly students from middle-income families earning between R350,000 and R600,000 annually.

Budget Speech on Wednesday, Minister of Finance Enoch Godongwana emphasized the importance of broadening the tax base and ...