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Budget

Science, Technology and Innovation Minister Blade Nzimande
Underfunding a grave concern in this year’s DSTI budget allocation
Updated 1 hour 12 minutes ago By: Marleny Arnoldi

The Department of Science, Technology and Innovation (DSTI) has received an allocation of R9.06-billion for 2025/26, which adds to a consolidated government expenditure on innovation, science and... 


Agriculture Minister John Steenhuisen
Transformation-focused agri budget vote garners support from most political parties
8th July 2025 By: Marleny Arnoldi

The Department of Agriculture (DoA) has been allocated R7.6-billion in funding for the 2025/26 financial year, which is a reduction from the prior year’s R7.9-billion allocation. Over the... 


A tap in a garden
Skills dearth could derail projects
4th July 2025

Despite the R156.3-billion committed to water and sanitation in the recent 2025 Budget speech, water engineering experts from industry body  the South African Institution of Civil Engineering... 


Finance Deputy Minister David Masondo has
Masondo addresses debt sustainability in developing countries
2nd July 2025 By: Marleny Arnoldi

Many developing countries are experiencing rising debt vulnerabilities that divert scarce resources away from essential development priorities such as health, education and infrastructure, Finance... 


AfDB approves $474.6m loan for green South Africa's Infrastructure Governance and Green Growth Programme
1st July 2025 By: Darren Parker

The African Development Bank (AfDB) has approved a $474.6-million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This IGGGP is the second phase of the bank's... 


Forestry, Fisheries and the Environment Minister Dr Dion George
DFFE obligated to ‘do more with less’ under latest budget
27th June 2025 By: Marleny Arnoldi

Forestry, Fisheries and the Environment Minister Dr Dion George has outlined how his department plans to spend its R9-billion allocation over the medium term expenditure framework between 2025 and... 


The growth, tax implications of Budget 3.0
The growth, tax implications of Budget 3.0
22nd May 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses Finance Minister Enoch Godongwana's tabling of Budget 3.0 after two previous failed attempts; the withdrawal of the previously proposed value-added... 


SA Canegrowers welcomes no increase in sugar tax
21st May 2025 By: Sabrina Jardim

Industry body SA Canegrowers says it welcomes the decision by Finance Minister Enoch Godongwana not to enact any further increases in the Health Promotion Levy – or sugar tax – in his latest... 


Finance Minister Enoch Godongwana
Promises of major reforms to Budget process and spending as Godongwana tables Budget 3.0
21st May 2025 By: Terence Creamer

Finance Minister Enoch Godongwana indicated that major reforms are being considered to both State spending and the actual Budget process when tabling a third version of the contentious 2025 Budget... 


BLSA CEO Busi Mavuso
Only way forward for Budget is to cut spending – BLSA
5th May 2025 By: Marleny Arnoldi

With Finance Minister Enoch Godongwana set to table South Africa’s third iteration of the 2025 national Budget to Parliament on May 21, Business Leadership South Africa CEO Busi Mavuso says the... 


Smart tape must replace red tape
2nd May 2025 By: Nadine Ramdass

While the African Continental Free Trade Area (AfCFTA) is the world’s largest free trade zone in terms of the number of participating countries, further efforts are required to unlock its full... 


Organisations welcome Treasury's decision not to increase VAT, but questions remain
24th April 2025 By: Schalk Burger

Various organisations have welcomed the National Treasury’s withdrawal of the proposed value-added tax (VAT) increase of 0.5 percentage points this year and next and that VAT will be maintained at... 


Budget uncertainty, US tariffs make headlines
Budget uncertainty, US tariffs make headlines
4th April 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the uncertainty surrounding South Africa's Budget, as well as the imposition of 30% tariffs by the US administration on South African goods... 


Mark Burke, Helen Zille and Karabo Khakhau
DA confident it will stop May VAT increase
3rd April 2025 By: Thabi Shomolekae

The Democratic Alliance on Thursday expressed confidence in its case that challenges the legality of the 2025/26 National Budget process, stating that it will succeed in its plan to stop the... 


PArliament
Budget vote passes but key coalition partner dissents
2nd April 2025 By: Reuters

South Africa's parliament passed the budget's fiscal framework on Wednesday after weeks of political wrangling, but the future of the coalition government was thrown into doubt after a key... 


A view of the Pretoria skyline
South Africa’s biggest political parties seek Budget compromise by April
18th March 2025 By: Bloomberg

South Africa’s two biggest political parties are holding a series of talks to resolve an impasse over the national budget that poses the biggest threat yet to the stability of the country’s ruling... 


Budget debates must be focused on infrastructure investment to drive growth – BLSA
17th March 2025 By: Schalk Burger

To create growth, South Africa needs to invest in infrastructure and infrastructure must be front and centre in the debate over the Budget, says business formation Business Leadership South Africa... 


Finance Minister Enoch Godongwana
Fitch thinks S Africa will struggle to stabilise debt as projected in budget
14th March 2025 By: Reuters

Fitch ratings agency said on Friday that it thought South Africa's government would struggle to stabilise debt as projected in this week's revised budget. "South Africa's 2025 budget, unveiled on... 


Complexity of South Africa's economic environment led to tough Budget balancing
13th March 2025 By: Schalk Burger

While national tax policy is based on the premise that a revenue service can continue to collect more revenue on the basis of growth in an economy, growth has been elusive for South Africa's... 


Sars Commissioner Edward Kieswetter
Kieswetter confident that Sars modernisation will boost tax collection
13th March 2025 By: Marleny Arnoldi

South African Revenue Service (Sars) Commissioner Edward Kieswetter on March 13 explained the revised revenue estimate presented by Finance Minister Enoch Godongwana in the Budget tabled in... 


South African flag in hand
Economists recognise Budget’s balancing act efforts, laud increased Sars funding to boost capacity
13th March 2025 By: Marleny Arnoldi

Economists have widely recognised the efforts of Finance Minister Enoch Godongwana in the Budget tabled on March 12 to balance fiscal sustainability and economic growth. Standard Bank South Africa... 


Tabled Budget still facing some opposition
Tabled Budget still facing some opposition
13th March 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses Finance Minister Enoch Godongwana's tabling of his much-anticipated Budget after the unprecedented postponement on February 19; how the March 12... 


Finance Minister Enoch Godongwana
Budget may be tweaked further, Godongwana says
13th March 2025 By: Reuters

South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a contentious plan to raise value-added tax, the country's finance... 


Transnet urged to use Budget Facility for Infrastructure to fund project partnerships
Transnet urged to use Budget Facility for Infrastructure to fund project partnerships
12th March 2025 By: Terence Creamer

While Finance Minister Enoch Godongwana said that additional guarantees will be considered to refinance Transnet’s maturing debt and its capital investment programme, no equity support was... 


Powerlines
New credit guarantee vehicle to derisk grid projects to be launched in 2026
12th March 2025 By: Terence Creamer

A credit guarantee vehicle to mobilise private sector capital by derisking projects will be launched in 2026, Finance Minister Enoch Godongwana announced in his delayed Budget speech. He confirmed... 


wine bottles
Godongwana burdens wine sector with ‘unworkable’ tax regime, industry body says
12th March 2025 By: Marleny Arnoldi

Industry body South Africa Wine has expressed strong condemnation towards Finance Minister Enoch Gogongwana’s decision to implement “excessive” excise tax increases on wine. The organisation says... 


Finance Minister Enoch Godongwana
Lower VAT hikes in delayed Budget not enough to secure full GNU backing
12th March 2025 By: Terence Creamer

Finance Minister Enoch Godongwana tabled his delayed Budget on Wednesday that included lower, yet still controversial, increases to the value-added tax (VAT) rate, as he sought to hold the... 


Enoch godongwana with GNU logo and money
Budget needs to reduce policy, economic uncertainty, Busa says
12th March 2025 By: Darren Parker

After its unexpected postponement owing to disagreements between the partners in the Government of National Unity (GNU) last month, the 2025 Budget needs to reduce the policy and economic... 


BLSA CEO Busisiwe Mavuso
Upcoming Budget speech has to grapple with rapidly changing geopolitical context, Mavuso says
10th March 2025 By: Darren Parker

Rapid changes in global geopolitics mean that this week’s Budget speech will takes place in an entirely different context, Business Leadership South Africa CEO Busisiwe Mavuso said in her weekly... 


Finance Minister Enoch Godongwana
Cabinet agrees on guidelines for reworked Budget ahead of March 12 tabling
4th March 2025 By: Terence Creamer

At a special meeting held on March 3, Cabinet considered a variety of options to fund the 2025/26 Budget, the tabling of which was delayed for the first time ever following disagreements over a... 


Nedbank chief economist Nicky Weimar
A department of govt efficiency would not be a bad idea for South Africa, Weimar suggests
21st February 2025 By: Darren Parker

Following the unprecedented Budget speech debacle that played out on February 19, Nedbank chief economist Nicky Weimar has advocated for creative and ruthless cutting of wasteful government... 


An image of Econometrix chief economist and director Dr Azar Jammine
Budget speech delay indicative of a ‘robust democracy’ – economist
21st February 2025 By: Tasneem Bulbulia

The unprecedented delay in South Africa’s Budget speech this week reflects several positives for the country and, if the country is able to leverage infrastructure spending and tackle structural... 


Cabinet meeting in 2021
Godongwana, Cabinet has much to consider before March 12
21st February 2025 By: Marleny Arnoldi

Accounting firm PKF says one positive aspect to the delay in tabling the Budget speech, to March 12, is that stakeholders will know the budget is approved at Cabinet-level before its tabling.... 


Cabinet faced with trade-offs in new Budget
Cabinet faced with trade-offs in new Budget
21st February 2025 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses what led to Finance Minister Enoch Godongwana being unable to deliver what was meant to have been the first Budget since the formation of the... 


Some good may come from delay in tabling of the Budget – economists
20th February 2025 By: Schalk Burger

Although the delay in the tabling of the 2025 Budget has impacted on policy certainty and the rand, the delay may be worthwhile if the Budget that is delivered on March 12 turns out to be truly... 


woman making clothes
Govt to spend R18.4bn over next three years through various dtic incentive programmes
20th February 2025 By: Darren Parker

NTo enhance productivity, competitiveness and the green economy, government will spend R18.4-billion over the medium term to support businesses through various incentive programmes under the... 


Powerline workers
RFP for multi-line transmission package to be released in Nov – Budget docs
20th February 2025 By: Terence Creamer

Note: This article has been written partly using information from documents provided to the media during the 2025 Budget lock-up prior to the cancellation of the Budget Speech on February 19. The... 


Finance Minister Enoch Godongwana
The Budget trade-offs that will now come into focus ahead of March 12
20th February 2025 By: Terence Creamer

Note: Some of the information in this article has been written on the basis of documents provided to the media during the 2025 Budget lock-up prior to the cancellation of the Budget Speech on... 


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