The Gauteng Provincial Treasury on Tuesday tabled a budget of just over R818-million for the 2023/24 financial year, which it aims to use to ensure effective and efficient financial management in... 

Zimbabwe President Emmerson Mnangagwa has promised development partners and creditors that his government will implement reforms necessary for resolving the country’s nearly $8.3-billion debt and... 

Agriculture, Land Reform and Rural Development Minister Thoko Didiza has tabled, in Parliament, a R17.2-billion for her department in the 2023/24 financial year, including transfers to provincial... 

The Gauteng Provincial Treasury (GPT) has appointed ten technical advisers to be deployed across various municipalities to enhance the financial management capacity in local government. Forming... 

Following the announcement that there will be no tax increase for the sugar industry in the 2023/24 and 2024/25 financial years, announced by Finance Minister Enoch Godongwana during his 2023... 

Despite the Covid-19 pandemic creating a “perfect storm” for African countries with rising interest rates and an increase in the risk of sovereign default, the continent’s leadership generally has... 

The largest share of Gauteng’s R493.4-billion over the medium-term expenditure framework (MTEF) is set to support social services, the township economy, job creation and the energy crisis, said... 

There has been insufficient meaningful interaction between government and the private sector, which has contributed significantly to the economic hardship that South Africa currently faces,... 

Despite South Africa’s economy being “not a great environment” currently, economic consultancy Econometrix director and chief economist Dr Azar Jammine said South African business has shown typical... 

Realistically, South Africa will not see meaningful gross domestic product (GDP) growth within the next five years, Citadel Investment Services advisory partner and chief economist Maarten Ackerman... 

In response to the Budget Speech delivered by Finance Minister Enoch Godongwana on February 22, a number of organisation have lauded the incentives that were announced to help businesses and... 

Democratic Alliance Shadow Minister of Finance Dion George has criticised Finance Minister Enoch Godongwana’s Budget speech as a “missed opportunity” for failing to announce sound structural... 

Engineering News editor Terence Creamer gives an overview of the 2023 Budget delivered by Finance Minister Enoch Godongwana, including the announcement of a R254-billion Eskom debt-relief package... 

The National Budget facility for infrastructure has approved municipal water infrastructure projects to the value of R3.7-billion. These projects are ready for implementation once the 2023... 

Following heavy lobbying from industry bodies the Sugar Association of South Africa and South African Cane Crowers’ Association, government has decided to not increase the Health Promotion Levy... 

In line with the carbon tax increase that become effective on January 1, 2023, from R144/t to R159/t of carbon dioxide equivalent, the carbon fuel levy for 2023/24 will increase by 1c to 10c/l for... 

Over the past three years, government has focused on measures to protect the tax base and reforms aimed at improving equity, efficiency, certainty and simplicity. Following a recent review of tax... 

As State-owned entities (SOEs) continue to rely on government bailouts and dominate the guarantee portfolio of the fiscus, Finance Minister Enoch Godongwana has announced conditional in-year... 

Conditions linked to R254bn Eskom debt relief may lead to concessioning of coal plants The R254-billion Eskom debt-relief package unveiled by Finance Minister Enoch Godongwana in his 2023 Budget... 

South Africa’s 2023 Budget includes tax incentives worth R9-billion to support businesses and households invest in renewable energy, including rooftop solar, in a bid to offset the impact of... 

To limit the impact of the energy crisis on food prices, government has decided to extend a diesel fuel levy refund to manufacturers of foodstuffs for a period of two years, effective from April 1,... 

As negotiations over the increase in public sector wages in the 2022/23 financial year continues, Finance Minister Enoch Godongwana stated in his Budget speech in February 2022 that government... 

Ahead of the national budget, to be tabled on February 22, the Small Business Institute (SBI) has called on Finance Minister Enoch Godongwana to support small businesses and their employees,... 

As multiple stakeholders have stated their wishes for what needs to be addressed and accounted for in the National Budget, come February 22, Stellenbosch Business School economist Professor André... 

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has said that no matter what financial salves Finance Minister Enoch Godongwana allocates to soothe South Africa’s... 

Ahead of Finance Minister Enoch Godongwana’s delivery of the National Budget on February 22, banking and wealth management group Investec says it expects the Budget to remain focused on fiscal... 

The South African Local Government Association (Salga) has expressed hopes that President Cyril Ramaphosa will address municipal debt recovery, local government funding and the energy crisis as... 

Ahead of President Cyril Ramaphosa’s yearly State of the Nation Address (SoNA) on February 9, Organisation Against Tax Abuse (Outa) CEO Wayne Duvenage has warned that empty promises will only... 

National Treasury says municipalities will realise operating deficits on their operating budgets for the 2022/23 financial year as the total operating expenditure increases at a higher rate than... 

Gauteng Finance MEC Jacob Mamabolo has assured Gauteng residents that the repayment of R12.9-billion to settle Gauteng’s portion of e-tolls debt would not further burden citizens of the province,... 

Gauteng’s overall budget has been increased by R2.4-billion, up from the R152.9-billion tabled on March 9 to R155.3-billion, Gauteng Finance MEC Jacob Mamabolo revealed on November 24. “The... 

The budget of R12.26-billion, which was allocated this financial year for the Gauteng Provincial Government (GPG) infrastructure programme to provide additional capacity and to improve the... 

With gold mining no longer the major economic driver that it once was for Gauteng, the future of the province’s economic growth lies in the development of the township economy, Gauteng Finance MEC... 

Nonprofit Organisation Against Tax Abuse (Outa) has called into question the truthfulness and accuracy of the South African National Roads Agency Limited’s (Sanral’s) claim on October 26 that... 

Better-than-expected revenue collection enabled Finance Minister Enoch Godongwana to report an improvement in government’s fiscal position relative to the one forecast in the February Budget....