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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...
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...
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...
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...
Many developing countries are experiencing rising debt vulnerabilities that divert scarce resources away from essential development priorities such as health, education and infrastructure, Finance...
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 has outlined how his department plans to spend its R9-billion allocation over the medium term expenditure framework between 2025 and...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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