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South Africa’s latest budget painted an encouraging picture of improving public finances, according to Moody’s Ratings, while cautioning that “meaningful” debt reduction will require stronger...
Finance Minister Enoch Godongwana announced during his 2026 Budget speech on February 25 that a R20-billion tax increase that was previously earmarked for the 2026 Budget has been withdrawn and...
With Operation Vulindlela having entered its second phase, which focuses on structural reforms and economic recovery for municipalities over the next three years, National Treasury admits in it...
The National Treasury reports that R12-billion in savings has been identified for the coming three years as a result of its Targeted and Responsible Savings (TARS) initiative, which requires...
The agriculture and rural development sector has been allocated R39.5-billion of dedicated government spending in 2026/27, as part of National Treasury’s R283-billion economic development budget...
Amid growing dissatisfaction with the performance of many of the country’s 257 municipalities, 162 of which are categorised as being in financial distress, the National Treasury has outlined what...
Accelerating infrastructure investment emerged as a central theme of the 2026 Budget, which Finance Minister Enoch Godongwana characterised as representing a “turning point” for both debt...
To entrench commitments to healthy public finances, national government will introduce legislation requiring each new administration to table a medium-term fiscal plan to embed fiscal...
National Treasury expects demand from South Africa’s major trading partners to tick up from an estimated 3.1% in 2025 to 3.3% in 2026, settling at 3.4% in 2027 and 2028. This trend is supported by...
South Africa’s finance minister is unlikely to formally adopt a fiscal anchor in this week’s budget, opting to wait until at least October to introduce the rule aimed at curbing public debt,...
Ahead of the 2026 Budget that will be delivered on February 25, the Energy Council of South Africa has called on Finance Minister Enoch Godongwana to prioritise electricity grid delivery and fiscal...
Finance Minister Enoch Godongwana will present the 2026 budget bill to lawmakers on Wednesday. Investors in Africa's economic powerhouse are watching closely to see whether the Treasury can keep...
The Budget to be delivered by Finance Minister Enoch Gondongwana on February 25 must build on the reform gains South Africa has made and provide strong support to drive and accelerate reforms while...
Spirits producer Diageo South Africa has warned that any further increases in taxes on these alcoholic drinks would likely only strengthen organised crime networks in the country. Above 6%...
National Treasury has awarded Cape Town R412-million in performance grant-funding as part of the newly-introduced Metro Trading Services Reform grant. This funding is provided in recognition of...
The South African Poultry Association (SAPA) has, once again, called on the National Treasury to remove the 15% value-added tax (VAT) on specific chicken products, ahead of the 2026 National...
The Department of Human Settlements (DHS) will require provinces and metropolitan municipalities to allocate at least 2% of their 2026/27 housing grants to innovative building technologies (IBTs),...
Finance Minister Enoch Godongwana has invited suggestions on the 2026 Budget ahead of him presenting it in Parliament on February 25. The Budget allocation aims to strike a balance between...
Absa Corporate and Investment Banking (CIB) acted as sole lead arranger and infrastructure finance structuring agent for the National Treasury’s R11.8-billion Infrastructure and Development Finance...
The National Treasury has successfully raised nearly R11.8-billion through South Africa’s inaugural Infrastructure and Development Finance Bond, marking a major step in financing priority public...
South Africa’s construction and infrastructure sector enters 2026 with a rare window of opportunity. The Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana...
National Treasury has published the 2025/26 Medium Term Revenue and Expenditure Framework (MTREF) operating and capital budgets of municipalities, which shows that the aggregated budgeted revenue...
President Cyril Ramaphosa has reiterated government’s strategic shift in government spending during his address at the 2025 National Construction Summit in Ekurhuleni, on November 13, promising the...
Engineering News editor Terence Creamer talks about the big themes in the 2025 Medium-Term Budget Policy Statement (MTBPS) presented by Finance Minister Enoch Godongwana on November 12.
The National Treasury has started to quantify the savings it is expecting from its Targeted and Responsible Savings (TARS) initiative, which seeks to identify low-priority or underperforming...
The National Treasury has confirmed that a scheme established to enable municipalities to write of arrear debt owing to Eskom by meeting various conditions, including keeping their current accounts...
As anticipated, Finance Minister Enoch Godongwana confirmed a lowering of South Africa's inflation target to 3%, with a 1 percentage point tolerance band on either side, in his Medium-Term Budget...
Finance Minister Enoch Godongwana has outlined several initiatives being undertaken to finally begin shifting the composition of government spending from consumption to capital investment,...
The Medium-Term Budget Policy Statement (MTBPS) to be presented in Parliament this week is another opportunity for government to signal real progress in improving the management of the country’s...
Research and consulting firm PBS Development Consulting has recommended the establishment of a dedicated ‘Just Transition Worker Fund’ to ensure South Africa’s climate transition addresses...
Although significant oil and gas discoveries across Southern Africa have sharpened investor focus, unlocking that potential is not only geological; it also requires an astute understanding of the...
The Portfolio Committee on Water and Sanitation has said it is “perturbed by the lackadaisical attitude” of City of Johannesburg executive mayor Dada Morero toward resolving the water shortage...
The Organisation Undoing Tax Abuse (Outa) has filed legal action against the South African National Roads Agency Limited (Sanral) and three Ministers, asking the High Court to declare that Sanral...
The National Treasury has reported back on the first round of consultative stakeholder workshops on its Fiscal Anchors discussion document, which was published on March 12. The workshops marked the...
Finance Minister Enoch Godongwana has clarified that, despite speculation, he does not intend to confirm a move to a 3% inflation target during the upcoming Medium-Term Budget Policy Statement....
The National Treasury has published two documents on enhancing South Africa’s approach to disaster risk insurance by better using private sector participation. The documents comprise a disaster...
The City of Tshwane’s multiparty coalition government has approved the Tshwane Economic Development Agency’s (TEDA’s) new business plan, which seeks to improve investment facilitation for the...
Industry body Grain SA has declared its support for the new policy direction outlined in Agriculture Minister John Steenhuisen’s 2025/26 budget vote speech, which was presented to Parliament on...
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