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The City of Cape Town says it is “eagerly awaiting” Finance Minister Enoch Godongwana’s announcement that the Budget, set to be delivered on Wednesday, will increase funding for cities to deliver...
Ahead of Finance Minister Enoch Godongwana's 2025 Budget speech, a panel of economists deliberated on the potential outcomes of the Budget, including the impact of fiscal consolidation and tax...
The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects...
When Finance Minister Enoch Godongwana delivers his Budget Speech on February 19, it is expected that reported tax revenues will be about R10-billion short of initial forecasts, auditing firm PwC...
Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso believes Cyril Ramaphosa’s State of the Nation Address (SoNA) on February 6 was “a display of unity by the Government of National Unity...
The Centre for Development and Enterprise (CDE) has urged President Cyril Ramaphosa to use the upcoming State of the Nation Address (SoNA) on February 6 to show how the Government of National Unity...
President Cyril Ramaphosa can use his State of the Nation Address (SoNA), set to be delivered on February 6, to reinforce the fundamental commitment by different parties to find workable solutions...
The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome...
South Africa’s grid transmission infrastructure is constrained, and it is critical that this be dealt with to support the country’s goal of increasing its energy supply and diversifying its energy...
The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending...
Hard choices are having to be made to enable the Gauteng provincial government (GPG) to meet its e-toll debt obligations. In 2022, the GPG accepted its 30% debt contribution to settle South African...
Think tank the Centre for Development and Enterprise (CDE) has called for an overhaul of industrial policy to move it away from protectionism and towards a focus on maximising exports. The...
According to the ‘Global Competitiveness Index’ compiled by the World Economic Forum and hosted on the World Bank's Prosperity Data360 platform, Namibia ranks highest in sub-Saharan Africa for road...
Industry bodies Agri SA and the Agricultural Business Chamber of South Africa (Agbiz) agree that Finance Minister Enoch Godongwana’s Medium Term Budget Policy Statement (MTBPS) shows that...
Business, academia and industry associations have welcomed the reforms highlighted in the 2024 Medium Term Budget Policy Statement (MTBPS) delivered by Finance Minister Enoch Godongwana on October...
Despite enthusiasm for the development of a hydrogen economy from the public and private sectors, there remains a significant lack of coordination to effectively implement projects and bring the...
Gauteng Infrastructure Development and Cooperative Governance and Traditional Affairs MEC Jacob Mamabolo has unveiled a new digital solution to support its already established Lutsinga...
The Department of Public Works and Infrastructure (DPWI), together with government agency Infrastructure South Africa (ISA), has opened a novel project preparation bid window to invite submissions...
The Gauteng provincial government (GPG) on Monday paid the first of five equal instalments of its agreed R12.9-billion contribution to historical e-toll debt. Of the first R3.8 billion paid to...
Efforts to catalyse the localisation of the automotive component manufacturing sector are critical to economic development, says financial services company Nedbank Commercial Banking manufacturing...
It is a balancing act as Gauteng Provincial Treasury (GPT) works to prevent bankruptcy, pay down e-toll debt, mitigate an underperforming department, and work within a drastically reduced budget....
The CEO of the South African Aerospace, Maritime and Defence Industries association, Sandile Ndlovu, has called for the use of public-private partnerships (PPPs) to help fund defence projects in...
With less money to go around, Gauteng’s provincial government faces a balancing act in ensuring the right projects to bring about improved services are implemented. This was one of the messages...
Industry body Agri SA welcomes Agriculture Minister John Steenhuisen’s budget allocation dedicated to strengthening the agriculture sector, particularly through supporting smallholder farmers and...
The City of Cape Town has secured a further R3.5-billion in financing towards its plans to spend a record amount on infrastructure investment over the three years to 2027. Mayor Geordin Hill-Lewis...
The South African National Roads Agency Limited (Sanral) announced in March that it expected to inject close to R2-billion into the Dr AB Xuma local municipality, in the Eastern Cape, when it...
The World Bank expects the global economy to stabilise for the first time in three years, but at a level that is still weak by historical standards. In its latest ‘Global Economic Prospects’...
Global body UN Trade and Development (Unctad) has urged action to deal with the alarming surge of global debt and proposed reforms to international finance systems to safeguard “a prosperous future...
With unemployment, loadshedding and a weak economy being front-line issues in the upcoming elections, the incoming administration must drive investment and reform to restart growth, build...
Gauteng’s Finance MEC Jacob Mamabolo on Tuesday tabled a provincial budget for Gauteng of R165.8-billion for the 2024/25 financial year, with a focus on fighting crime and boosting the township...
Although Finance Minister Enoch Godongwana’s Budget, delivered on February 21, seemed somewhat prudent, Econometrix director and chief economist Dr Azar Jammine said there was not much in it to...
Against the backdrop of a profoundly challenging macroeconomic environment where South Africa’s economy is expected to continue underperforming, averaging at 1.6% growth in the next three years,...
Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South...
Development finance institution Development Bank of Southern Africa (DBSA) has introduced a new financing instrument called Project Vumela, which blends municipal revenue sources with financing...
With various commodity prices taking a nosedive over the past year, windfall tax gains from high commodity prices over the preceding two years have come to an end, resulting in a sharp fall in...
The Portfolio Committee on Defence and Military Veterans has claimed that the deployment of the South African National Defence Force (SANDF) in support of the South African Police Service to...
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